💨 Abstract

The Indian rupee remained stable on Wednesday, awaiting inflation data from India and the U.S., while concerns over U.S. tariffs kept risk appetite subdued. Dollar-rupee forward premiums dipped due to higher U.S. bond yields. Traders anticipate 76 basis points of cuts by the Federal Reserve this year, with the next move likely in April. India's consumer price index is expected to ease to 3.9

Courtesy: theprint.in

Summarized by Einstein Beta 🤖