Rupee to inch up, traders await Powell's cues on interest rate cuts




The Indian rupee is anticipated to open slightly higher on Friday, as traders look for hints from Federal Reserve Chair Jerome Powell regarding the scale and timing of potential interest rate cuts.

The 1-month non-deliverable forward suggests the rupee will start at 83.92 against the U.S. dollar, compared to the previous session's close of 83.9525.

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