Oil-driven dollar demand to pressure Indian rupee; RBI blunts losses
MUMBAI: The Indian rupee is expected to remain under pressure through Wednesday’s session, with Brent crude nearing $90 a barrel and weaker Asian currencies weighing on sentiment, while the central bank is likely to limit the decline. The Indian rupee is expected to open in the 95.46-95.48 range, traders said, after settling at 95.4350 per dollar on Tuesday. The local currency has remained under…
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