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• Rupee future maturing on September 28 depreciated yesterday by 0.31% amid a drop in domestic equity markets. However, a sharp drop in crude oil prices restricted further weakness in the rupee

• The US dollar traded flat yesterday despite strong economic data from the US. Retail sales in the US went up 0.3% in August from July, following a revised 0.4% fall in the previous month and beating forecasts of a flat reading

• The Euro appreciated on Thursday amid a rise in French CPI data. The Consumer Price Index in France increased 0.5% in August 2022 over the previous month amid a rebound in manufactured goods costs

• The pound dropped almost 0.40% yesterday hovering above a 35-year low touched last week as investors fret about the economic outlook and continue to favour the US currency. Further, the sterling was hit by expectations of a long recession, stubbornly high inflation and political instability

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