Rupee To Open Slightly Stronger As Dollar Softens, But RBI’s Firm Grip Keeps Currency Range-Bound Near Record Lows

A softer dollar may hand the Indian rupee a small boost at the open on Thursday, though traders say the Reserve Bank of India’s steady hand remains the bigger driver.The 1-month non-deliverable forward indicated the rupee will open in the 88.74-88.76 range versus the U.S. dollar,

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