Indian rupee may inch up tracking Asia FX following mixed US jobs report – Markets

MUMBAI: The Indian rupee is likely to open marginally higher on Monday on the back of an uptick in most Asian currencies following a U.S. jobs report that did not move expectations much around the Federal Reserve’s interest rate outlook.

Non-deliverable forwards indicate rupee will open at around 83.10-83.12 to the U.S. dollar compared with 83.15 in the previous session. The rupee is looking…

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News Source: www.brecorder.com