EconomyRupee set to rise as dollar slumps after Treasury boosts bond buybacks; oil risk persists
The Indian rupee is expected to open higher on Thursday after the dollar fell to a three-month low. The decline followed the U.S. Treasury’s decision to increase buybacks of longer-dated bonds to ease pressure on the bond market, while oil remains a risk.
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Reuters★★★☆☆2026-08-20 03:30Original
Rupee set to rise as dollar slumps after Treasury boosts bond buybacks; oil risk persists
Economy