![Rupee likely to decline due to strong dollar and market risk aversion; USDINR pair will move in this range](https://market-tracker.in/wp-content/uploads/2022/09/istockphoto-1190821660-612x612-1-1.jpg)
Rupee likely to decline due to strong dollar and market risk aversion; USDINR pair will move in this range
The strong dollar and risk aversion in international markets are expected to cause the Indian rupee to weaken on Wednesday. Additionally, ongoing FII inflows could harm the rupee. Investors will be on the lookout for the RBI’s monetary policy, as the central bank may decide to halt the rate of rate increases. The rate increase…