Rupee may open flat as RBI counters dollar demand
Rupee may open nearly flat as RBI counters dollar demand. The central bank is actively managing currency volatility by stepping in during periods of strong dollar buying. Forex dealers note intervention has capped downside, keeping the rupee near 73.50/USD. This suggests stability in near-term forex outlook.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.