Indian Rupee Remains Stable as Forward Premiums Slip Ahead of Central Bank Policy Decision
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#19e6c8d0 ver:1.04

The Indian rupee remains stable ahead of the central bank's policy decision, with the exchange rate at 83.4750 against the US dollar. Traders expect minimal reaction to the decision, with the rupee influenced by local equities. Foreign investors have withdrawn $2.8 billion from Indian equities. Forward premiums for the dollar-rupee pair have declined, and most Asian currencies have gained due to hopes of US rate cuts. The rupee is expected to swing within a range of 82.90 to 83.70. #IndianRupee #CentralBankDecision #ForeignInvestors #USRateCuts...

#newstr #IndianRupee #UsDollar #ForwardPremiums #CentralBankPolicy #ReserveBankOfIndia #ForeignInstitutionalInvestors #CapitalMarkets #Inflows #BrentCrudeFutures #BseSensex #NseNifty 

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