Indian rupee refuses to budge despite multiple headwinds

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Key Points

MUMBAI, Oct 30 (Reuters) - The Indian rupee continued to trade in a narrow range on Monday, despite headwinds from oil, U.S. yields and portfolio outflows...

The Reserve Bank of India has been instrumental in keep volatility muted, intervening regularly in spot, non-deliverable forwards and futures, according to traders...

Long-maturity U.S. yields have been marching higher on supply-demand dynamics and expectations that the Federal Reserve will keep rates high..

Higher U.S. yields and the Middle East issue has soured risk sentiment, prompting foreign investors to withdraw money from Indian equities, with outflows reaching nearly $2.5 billion this month...

The focus this week will be on the Bank of Japan (BOJ), Fed and Bank of England's (BoE) policy outcomes, Amit Pabari, managing directors at CR Forex, said...

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