USD/INR Price News: Indian Rupee extends post-Fed gains above 82.00 on downbeat yields – by anilpanchal7 USDINR Oil RiskAversion CentralBanks YieldCurve
the Indian Rupee pair fades a corrective bounce marked in the day’s start while declining towards the one-week low at the latest.
That said, the US central bank confirmed the market’s expectations of announcing a 0.25% rate hike but failed to convince the policy hawks. The reason could be linked to the statements saying, “Some additional policy firming may be appropriate,” instead of previous remarks like “Ongoing increases in the target range will be appropriate.
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