- India’s rupee bounced off the 97-per-dollar level after the Reserve Bank of India sold dollars, rallying to about 95.9 and posting its biggest one-day gain in weeks.
- The U.S. dollar stayed broadly firm ahead of the Fed decision, with markets putting roughly a one-in-three chance on another rate hike.
- Brent crude slid toward $87/bbl as hopes of a diplomatic pause in U.S.-Iran tensions eased oil prices, which helped relieve some pressure on the rupee.
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