Rupee poised to track weaker Asia in risk-off mood

The Indian rupee is set to open weaker on broad risk aversion and softer Asian peers, while markets look for signs of central bank action to prevent a break past a psychological threshold. The 1-month non-deliverable forward indicated the rupee will open in the 90.78-90.82 range versus the US dollar, having settled at 90.65 on Monday.

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