EconomyRupee seen steady after holiday as Fed hike risk and oil relief offset RBI support
The Indian rupee is expected to open little changed on Thursday. Lower oil prices and sustained intervention by the Reserve Bank of India are likely to counter expectations of a Federal Reserve rate hike next month and continued dollar demand for hedging.
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Reuters★★☆☆☆2026-08-27 04:20Original
Rupee seen steady after holiday as Fed hike risk and oil relief offset RBI support
Economy