Source: Reuters (via feed)
The Indian rupee is expected to hover in a narrow range near 92.50 per dollar. This is supported by central bank intervention at this level. Market participants await the Federal Reserve’s upcoming rate decision.
Surging oil prices are part of the current market outlook.
BizTrendWire Insight:
Central bank intervention and oil prices are notable factors cited in the rupee’s market outlook.
Central bank intervention and oil prices are notable factors cited in the rupee’s market outlook.
