Rupee stabilizes ahead of Fed decision amid oil price surge
after close1 source ↓written by the desknot a recommendation
- per dollar
- ₹92.34-92.38
- near
- ₹92.50
- impacting sentiment
- $100
The Indian rupee is expected to trade in a narrow range around ₹92.34-92.38 per dollar, supported by RBI intervention near ₹92.50. Traders are cautious ahead of the Federal Reserve's rate decision, with oil prices hovering near $100 impacting sentiment. Continued RBI presence is crucial to prevent further declines.
Not investment advice. For informational purposes only.