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United States Industrial Production (MoM) came in at -0.2%, below expectations (0.1%) in May

USD/INR strengthens toward two-month high as Oil rally and Iran-Israel tensions weigh on Rupee

The Indian Rupee (INR) weakens against the US Dollar (USD) on Tuesday, giving up Monday’s modest rebound as heightened geopolitical tensions in the Middle East, stronger Crude Oil prices, and a resilient Greenback dampen sentiment ahead of the Federal Reserve’s (Fed) key interest rate decision.
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United States Capacity Utilization below expectations (77.7%) in May: Actual (77.4%)

United States Capacity Utilization below expectations (77.7%) in May: Actual (77.4%)
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