The Indian rupee may inch towards record low at the open on Wednesday, bogged down by the dollar index's rally to a six-week high and weakness in Asia, prompting bets on another round of central bank intervention. The 1-month non-deliverable forward indicated the rupee will open in the 88.78-88.82 range versus the US dollar, compared with Tuesday's close of 88.7725.
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10:12 am on
08 Oct