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By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to open near its lifetime low on Thursday and possibly decline further through the session, fueled by bets that Donald Trump’s U.S. presidency will herald a period of a stronger dollar and higher U.S. interest rates. The 1-month non-deliverable forward indicated that the rupee […]
By Rahul Trivedi BENGALURU (Reuters) – The Indian rupee will trade in a tight range around current levels against the dollar over the coming year as the Reserve Bank of India (RBI) routinely dips into its FX reserves to manage the currency’s stability, a Reuters poll found. Abandoning its earlier policy of intervening only during […]