Indian Rupee Opens Higher At 65.12 Per Dollar

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The Indian rupee gained in the early trade on Thursday. It has opened higher by 9 paise at 65.12 per dollar versus 65.21 yesterday.

 

As expected, the Federal Reserve raised Fed Funds rate by 25 bps to balance inflationary risk with elevated growth momentum. 

 

However, the dollar weakened across the board as markets re-assessed total increases during the year to 3.

 

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