Rupee seen near 94.55–94.60 as oil risks RBI optimism
Traders expect USD/INR to open in the 94.55 to 94.60 range on Friday. The rupee rally has been supported by RBI dollar sales and hefty inflows from one-off measures, with rising oil prices a near-term test.
By Nimesh VoraThe Indian rupee's rally, propelled by the central bank's dollar sales and bolstered by hefty inflows from one-off measures, will face a familiar foe on Friday in rising oil prices.The rupee FX_IDC:USDINR is expected to open in the 94.55 to 94.60 range, per traders, having settled at…