Traders, who as recently as late September were fully pricing in another Fed rate cut by March, scrapped wagers that there will be one until the second half of the year. Separate data Tuesday showed job openings rose to a six-month high in November, boosted by a jump in business services — while other industries showed more mixed demand for workers.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
April 17, 2026