Rupee weaker as Asian FX on the back foot on Fed rate-hike bets
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee weakened against the dollar on Monday, along with most other Asian emerging market currencies after recent U.S. data bolstered bets of another Federal Reserve rate hike. The rupee finished at 81.98 per U.S. dollar compared with 81.8850 in the previous session. Importer-led dollar demand pulled the …
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