Rupee expected to rise on RBI support and Asian gains
pre-market1 source ↓written by the desknot a recommendation
- per US dollar
- ₹88.60-88.62
- on Tuesday
- ₹88.6550
The Indian rupee is projected to open higher on Thursday, buoyed by the RBI's commitment to defend key levels and a modest rise in Asian currencies. The one-month NDF indicates an opening range of ₹88.60-88.62 per US dollar, following a close of ₹88.6550 on Tuesday. Markets were closed Wednesday for a local holiday.
Not investment advice. For informational purposes only.