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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Indian rupee rises on IndiaUS trade optimism and lower commodities, RBI policy decision to shape nearterm currency outlook</h1> Indian rupee appreciated to 90.34 against the US dollar driven by optimism over an IndiaUS trade deal and lower commodity prices, though gains were capped by corporate dollar demand and weak domestic equities. Market participants await the RBI Monetary Policy Committee decision, which will determine nearterm policy direction and may affect exchangerate trajectory; analysts expect either policy status quo or a modest further rate cut. Elevated crude and geopolitical tensions pose downside risk, while renewed foreign institutional investor interest supports the currency. Reported intraday trading range and analyst spot ranges indicate limited nearterm volatility around current levels.
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