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RBI support to cushion India rupee downside amid Asia softness
short by / on Wednesday, 7 January, 2026
The Indian rupee is set to open largely unchanged on Wednesday and trade in a narrow range, with expectations of central bank support blunting pressure from slightly softer Asian cues. The 1-month non-deliverable forward indicated the rupee will open flat, having settled 0.12% higher at 90.1650 on Tuesday.