Rupee steady, forward premiums dip as traders await inflation prints

The rupee remained almost flat and forward premiums declined on Wednesday, as traders awaited consumer inflation data from India and the U.S., while concerns over U.S. tariffs kept risk appetite subdued.

At 11:00 a.m. IST, the rupee stood at 87.2250, marginally up from its previous close of 87.2125.