INDIA RUPEE — Rupee to rise as offshore traders cut bearish bets, RBI clarifies hedging rules
By Nimesh Vora MUMBAI, Oct 16 (Reuters) — The Indian rupee is poised to rally despite weakness across Asian peers, with offshore traders cutting bets against the Asian currency and expectations of continued central bank dollar selling lending support. The rupee is expected to open in the 94.75 to 94.80 range, per trade