The rupee extended its morning gains as it is trading higher by 40 paise at 73. Yesterday the rupee ended higher by 8 paise after it plunged to all-time low of 74. US president said that the Fed is making a big mistake and being too tight in its policy and that led a big correction in US equities. On the other hand, RBI is also intervening to curb the volatility of the currency. Today, USD-INR pair is expected to quote in the range of 73.
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