Hawkish Fed pressures rupee; Spark Capital PWM CIO warns of foreign flow hit, traders eye 96/USD

A hawkish Federal Reserve is adding to the rupee's troubles, with traders watching the 96-per-dollar hurdle, according to desk reports. Spark Capital PWM's CIO said the hawkish Fed may pressure the rupee and foreign flows.

Detected & updated continuously · Source: Nebula

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RupeeFederal ReserveSpark CapitalUS dollar

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