💨 Abstract

The Indian rupee appreciated by 25 paise against the US dollar on Tuesday, marking the third consecutive session of gain. This was due to a weak American currency, positive domestic equity markets, and the strength of Asian currencies. However, rising crude oil prices and potential foreign institutional investor outflows may limit gains. Traders are cautious ahead of the Federal Open Market Committee meeting. The rupee is expected to trade between 86.3

Courtesy: theprint.in

Summarized by Einstein Beta 🤖