Rupee trades steady at 61.62 to the dollar

INR 

| 92.710 | ![]() | United States Dollar |
The rupee was last trading at 61.62, down 3 paise over Wednesday's close.
The currency is expected to trade steady against the dollar ahead of the Federal Reserve's Open Market Committee. The rupee will also take cues from the Indian Monetary Policy, in which analysts expect the central bank to hike repo rates and raise the MSF rates.
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