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Rupee Turns Highly Volatile After Fed Hints At Rate Cut; Trades Lower At 69.64
Rupee in Thursday's trade opened stronger at 69.50 and was last seen trading at 69.55.
Fed Reserve's meet that was largely eyed by investors and marketmen have held the rates steady while at the same time hinting at rate cuts in the future course.
Bond yield also tread lower by more than 1%
Meanwhile, as against expectations, Indian indices opened lower, with Nifty below 11,700 and Sensex trading around 39,000.
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