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Rupee gains bolster from RBI ahead of Fed policy.
short by Kalpesh / on Tuesday, 30 April, 2024
The Indian rupee will open broadly unchanged on Tuesday amid likely dollar demand and expectations that the central bank will not allow the currency to hit a new all-time low.Non-deliverable forwards indicate the rupee will open nearly flat to the U.S. dollar from 83.47 in the previous session.
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