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Rupee opens 1 paise lower at 94.69 against US dollar

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The Indian rupee opened weaker at 94.69 against the US dollar, down 1 paise. Market focus has shifted from oil prices to expectations of a US Federal Reserve rate hike in September, impacting Asian currencies including the rupee.
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The Indian rupee opened marginally weaker, down 1 paise, at 94.69 against the US dollar. Market attention has now shifted from global oil prices to the anticipated US Federal Reserve rate hike in September. This expectation is currently influencing various Asian currencies,…

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