The Indian rupee showed strength early Friday, recovering above 90 per dollar as traders awaited the central bank's policy decision. Despite expectations of a rate cut, market sentiment shifted due to strong economic data and the rupee's recent dip. Exporters are advised to sell dollars, while importers should buy on dips, as a clear trend reversal isn't anticipated.
Rupee firms near 89.72; RBI decision in focus
The Economy Times4 hrs ago
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