Investors now await the Consumer Price Index (CPI) print due at 1330 GMT to gauge the Fed’s policy path. Any upside surprise could further close the door on future Fed easing.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,