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VERIFIEDET Markets·neutral
Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms
AI Summary
- ·The Indian rupee closed flat at 94.52 against the US dollar on Wednesday.
- ·Initial gains for the rupee were offset by increased corporate and importer demand for dollars.
- ·Market attention is now directed towards the US Federal Reserve's upcoming policy decision.