Rupee and Forex Movement
Rupee and Forex Movement
TREND | 29 Apr 2024
ICICI Direct
Spot gold prices pared its earlier gains amid rebound in the dollar
after sticky US PCE data increased the probability that the Federal
Reserve will hold the rate higher for longer
. Both the PCE and Core PCE data of March rose by 0.3%, where as year-on year the PCE price index in March jumped to 2.7% against previous reading of 2.5%
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