Tag: New Year flows
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Rupee Flags Time With Traders as New Year Flows Loom
Rupee poised for a flat start as New Year flows take center stage The Indian rupee is expected to open largely unchanged on Friday, with traders adopting a cautious, wait-and-see stance as they gauge the impact of New Year flows. After a year dominated by central bank intervention and persistent dollar demand, market participants are…
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Rupee to Mark Time as Traders Eye New Year Flows
Overview: Markets Await New Year Flows The Indian rupee is expected to open largely flat on Friday, as traders adopt a cautious stance while awaiting New Year flow dynamics. After a year characterized by heavy central bank intervention and persistent dollar demand, participants are searching for clarity on the direction of the currency in the…
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Rupee to mark time as traders seek visibility on New Year flows
Rupee starts New Year with a watchful shrug The Indian rupee is expected to open largely flat against the U.S. dollar on Friday as traders in Mumbai adopt a cautious stance. With New Year flows on the horizon and markets still digesting a year defined by interventions and persistent dollar demand, participants are trying to…