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RBI backstop to temper rupee pressure from tepid Asia, outflows
short by / on Friday, 9 January, 2026
The Indian rupee is poised to inch higher on Friday on expectations of central bank support, which are likely to counter tepid Asian cues and continued portfolio outflows, traders said. The 1-month non-deliverable forward indicated the rupee will open in the 89.90-89.94 range versus the US dollar, having dropped 0.15% to 90.0175 on Thursday.