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MarketScreener

Rupee poised to open at 95.14-95.18 as Asian currencies rise after Fed hold

AI Market Summary
The Fed's unchanged stance and Warsh's modestly dovish tone lifted Asian FX, with the won leading and the rupee poised to open near 95.15-95.18 versus Wednesday's 95.22 close. The move is marginal, capped by Brent near $115, which keeps India's import bill and inflation risk elevated. December policy expectations are largely unchanged, so rupee direction will hinge on dollar flows rather than this decision.
Impact level
● Low
Affected assets
NCFXUSD2INR/USDT+0.15%
AI Insight · NCFXUSD2INR/USDTAI Insight
● Neutral
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The rupee is expected to open at 95.14-95.18 against the dollar, having settled at 95.22 on Wednesday. The Korean won led gains across Asian currencies. The Federal Reserve left interest rates unchanged.
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