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Rupee steady on weak dollar, capped by dollar buying levels
short by / on Tuesday, 23 December, 2025
The Indian rupee is expected to draw support from a softer dollar at the open on Tuesday, though its advance is likely to run into increased dollar buying by importers following a recent central bank-driven rally. The 1-month NDF suggests the rupee will trade mostly flat against the dollar after closing at 89.65 on Monday.