Indian Rupee gains ground despite fears of more Fed interest rate hikes

The Indian Rupee (INR) finds some buying interest against the US Dollar in the early session after a weak opening on Thursday. According to a Reuters report, the Indian central bank has likely intervened to limit the decline in the Indian Rupee.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-17
• rates

Topics: gold news, gold price impact, rates