scorecardresearchPre-market: Indian rupee seen opening lower as more big Fed rate hikes loom

Pre-market: Indian rupee seen opening lower as more big Fed rate hikes loom

Updated: 14 Sep 2022, 08:39 AM IST
TL;DR.
The rupee is likely to trade around 79.60 per dollar in initial trades, down from 79.1475 in the previous session.
Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg