MUMBAI: The Indian rupee was barely changed after the Reserve Bank of India kept the key policy rate at 6.5%, as expected, and maintained its policy stance.
The rupee was at 82.5850 to the dollar compared with 82.5950 prior to the policy outcome.
Indian rupee inches up, but ‘incessant’ dollar bids remain a hindrance
The May forward premium was at 1.4150 rupees, unchanged from before the policy.
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