Wednesday, September 18, 2024
HomeBusinessRupee ends flat; forward premiums climb on Fed rate cut hopes

Rupee ends flat; forward premiums climb on Fed rate cut hopes

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of an outsized 50-basis-point rate cut by the U.S.

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