Rupee closes flat at 86.54/$ with likely RBI intervention

The Indian rupee closed nearly unchanged at 86.54 per dollar, supported by RBI intervention amid early pressure from dollar demand, NDF maturities, and risk-off sentiment ahead of the US Fed’s policy decision. The Indian rupee closed nearly unchanged at 86.54 per dollar, supported by RBI intervention amid early pressure from dollar demand, NDF maturities, and risk-off sentiment ahead of the US Fed’s policy decision.  Economic Times

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