Rupee ends flat wedged between higher Asia FX, local dollar demand





The Indian rupee closed little changed on Thursday, sidestepping strength in its Asian peers as local dollar demand ate into the currency's early gains that came after the U.S. Federal Reserve kept its policy rates and dot plot for 2024 unchanged.


The rupee closed at 83.1475 against the U.S. dollar, barely changed from its close of 83.1575 in the previous session.


While the currency had risen to an intraday high of 83.0475 earlier in the session, it consequently shed those gains.


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