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What is USD INR Daily Update: Market Outlook about?

The USDINR market is experiencing volatility ahead of the FOMC meeting on September 17, with a suggested short strategy and a trading range of 66.72-66.75. The dollar-rupee futures closed at Rs. 66.75, and foreign institutional investors sold securities worth Rs. 754.27 crore. Key economic data includes a U.S. Core PPI of 0.3% and a federal budget balance of -64.4B.

Author

swastikainvestmart

Language

EN