💨 Abstract

The Indian rupee is expected to open flat to slightly higher on Monday, buoyed by a weak dollar due to U.S. trade policies and soft macroeconomic data. The one-month non-deliverable forward indicates the rupee will open at around 86.96-86.97 to the U.S. dollar. The focus this week is on the Federal Reserve's monetary policy decision and potential U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖