Rupee recovery to pick pace with Fed set to kick off rate cuts
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最新报道：The Indian rupee is set to extend its recovery for a fourth consecutive session, supported by a weaker dollar and lower U.S. Treasury yields, as markets await the Federal Reserve's policy decision. The Fed is widely expected to cut rates by 25 basis points, with traders unwinding bearish rupee positions. The currency is projected to open between 87.86-87.90 against the dollar, after hitting a record low of 88.4550 last week. A sustained move beyond 88.00 remains uncertain, with 87.80 seen as key support.
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