Rupee faces mild pressure ahead of RBI rate decision

The Indian rupee faces mild pressure at the open as markets await the central bank rate decision. Investors closely monitor potential rate hikes and banking liquidity measures.

FILE PHOTO: A cashier holds Indian currency notes at a fuel station in Ahmedabad, India, May 20, 2026. REUTERS/Amit Dave/ File Photo

The India rupee faces mild pressure in Wednesday's opening trade as investors await a crucial interest rate decision. Traders expect the currency to open between 96.44 and 96.46 against the dollar.

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