The Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Federal Reserve Chair's remarks and uncertainty surrounding U.S.-Iran negotiations. Despite falling oil prices and measures to boost dollar inflows, analysts anticipate no significant rupee recovery in the coming year due to central bank liabilities and subdued foreign portfolio inflows.

The focus will yet again turn to oil prices, with any retreat in risk sentiment expected to hurt the Rupee, which has steadied after hitting historic lows last month

The Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently trading around 94.3675 against the dollar,…

The Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Federal Reserve Chair's remarks and…