Rupee seen easing on hawkish Fed comments, RBI support limits fall
The Indian rupee is likely to weaken at the open on Friday following hawkish comments from Federal Reserve officials, while a continued moderation in the trade deficit and expectations of RBI's support are expected to cap losses. The one-month non-deliverable forward indicated the rupee will open at 90.36-90.38 versus the US dollar, after settling at 90.2950 on Wednesday.