MUMBAI: The Indian rupee is expected to open higher on Thursday following a further slide in the US dollar on bets the US central bank will most likely cut interest rates in the next quarter.
Non-deliverable forwards indicate the rupee will open at around 83.26-83.28 to the US dollar, compared with 83.3450 in the previous session. USD/INR had its best day in nearly three months on Wednesday,…
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News Source: www.brecorder.com
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