scorecardresearchPre-Market Opening: Indian Rupee seen lower at 79.85 as US Fed rate-decision jitters boost dollar

Pre-Market Opening: Indian Rupee seen lower at 79.85 as US Fed rate-decision jitters boost dollar

Updated: 21 Sep 2022, 08:24 AM IST
TL;DR.
The rupee is expected at around 79.85 per dollar in early trades, down from 79.7500 on Tuesday. The local unit has ended flat over the last three sessions.
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