💨 Abstract

The Indian rupee and government bonds are likely to be influenced by the U.S. Federal Reserve's policy decision and commentary on Trump administration's policies. The rupee closed at 86.9975 on Thursday, down 0.1% on the week. Analysts expect consolidation in the near term, with resistance around 86.50 and support in the 87.40-50 zone.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖