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December 18, 2024

USD/INR Stays Neutral: Investors Await Fed Rate Decision

The Indian Rupee (INR) maintains a steady position on Wednesday, following a record low of 84.92. As local equities trend quietly, investors are navigating foreign fund outflows that add pressure to the currency. Amidst these dynamics, many traders hold their positions awaiting decisions from the Federal Reserve that could reshape market sentiment and affect the rupee’s trajectory in the coming days.

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