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Rupee steadies after a week of swings

Traders expect a narrow range until the policy meeting.

A large cargo port
Stock photograph used as an illustration; it does not show the place, event or people in the story. Photo: Photo: chuttersnap via Wikimedia Commons (CC0-1.0)

Key points

  • Traders expect a narrow range until the policy meeting.
  • Who is affected first, and how.
  • What to watch for next.

The announcement came at a short briefing, and a written note with the full figures is due online.

What happens next

The next review is due in about two weeks. We will update this story as soon as there is more to report.

Also read: Live: markets open higher as metal shares rally

This is a demo story: every name, place, organisation and figure in it is fictional.

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