# Indian Rupee Holds Steady With Bond Inflows And US Inflation Update - Finimize

> The rupee held steady and appreciated on Thursday, supported by portfolio inflows tied to Indian bonds joining the JPMorgan emerging market index. Foreign investors bought $181.1 million of shares and $91.6 million of bonds on June 26.

- Date: 2024-06-28 · published 2024-06-28T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/30077-indian-rupee-holds-steady-with-bond-inflows-and-us-inflation-update-finimize
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Foreign inflows strengthen the rupee and ease dollar costs for Indian importers, supporting steady purchasing of imported feed inputs.

## Read by commodity

- USDINR: neutral

## Sources

- finimize.com: https://finimize.com/content/indian-rupee-holds-steady-with-bond-inflows-and-us-inflation-update

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.