Rupee Seen Under Mild Pressure Ahead Of RBI Rate Decision
The Indian rupee is expected to face mild pressure at Wednesday's open as investors await the Reserve Bank of India's (RBI) decision on interest rates, with a 25-basis-point hike widely anticipated.
Markets are watching for a possible 25-basis-point hike and signals on managing surplus banking liquidityThe Indian rupee is expected to come under mild pressure at Wednesday’s open as investors focus on whether the Reserve Bank of India (RBI) will deliver its first rate hike in more than three yea…