Economic TimesLean R·
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow clues
The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Reserve rate hikes. While policy measures have helped the rupee recover, the prospect of higher US interest rates poses a challenge. Analysts are closely watching the impact of these measures on dollar inflows, with some predicting significant amounts.
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