Analyze in Oracle Skeptic
S7/10Economic
Rupee ends nearly flat on competing oil, intervention and NDF maturity cues
The Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand.
The Reserve Bank of India likely intervened to stabilize the currency. Geopolitical tensions in the Middle East added to market uncertainty.
Investors now await US inflation data for further market direction.
Source: Economic TimesOriginal source
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