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Market News
Rupee likely to dip; Fed's updated forecasts loom - REUTERS
By Nimesh Vora
MUMBAI, March 19 (Reuters) - The Indian rupee is likely to open marginally weaker on Wednesday as traders await the U.S. Federal Reserve's policy decision, with focus on its updated forecasts and guidance.
The one-month non-deliverable forward indicates that the rupee will open at 86.62-86.64 to the U.S. dollar, compared with its previous close of 86.57.
