Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Weaker dollar, dip in US yields of no help to rupee
short by / on Wednesday, 5 February, 2025
The Indian rupee is expected to open lower on Wednesday, pressured by weakness in the non-deliverable forward (NDF) markets and unable to benefit from the dollar index’s decline. The 1-month NDF indicates the rupee may open at 87.14-87.16 against 87.0675 in the previous session.