The Indian rupee opened 11 paise lower at ₹95.49 against the US dollar today, Aug 31, pressured by rising expectations of a US Federal Reserve rate hike. Hawkish comments from Fed Chair Kevin Warsh boosted the dollar and Treasury yields, while weighing on equities. Asian currencies remained mixed, with regional movements limited to 0.2% during early trading.
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Rupee Slips 11 Paise To ₹95.49 Against Dollar
