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Indian rupee expected to stay stable this week amid U.S. Fed decision and trade deadline.
The Indian rupee is expected to remain stable this week, influenced by the U.S. Federal Reserve's policy decision and the August 1 trade tariff deadline.
Last week, the rupee closed at 86.5150 against the US dollar, down 0.4%, due to foreign portfolio outflows and uncertainty over the US-India trade agreement.
The rupee is anticipated to stay within the 86.30-87 range, with traders watching for any potential rate cut from the Reserve Bank of India's policy decision on August 6.
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Se espera que la rupia india se mantenga estable esta semana en medio de la decisión de la Fed de los Estados Unidos y la fecha límite comercial.