A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision.

Indian rupee may depreciate a little as a result of the rise in U.S. yields due to the potential for a hawkish Federal Reserve decision.

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The probabilities are that we will see a return to the 82 handles.

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Asian currencies fell, and the two-year U.S. yield touched 4.90%.

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