Powell, in last week's post-policy meeting press conference, outlined a potential scenario where inflation declines without a material rise in unemployment, ING Bank said. Powell's speech later in the day will invite scrutiny in the wake of futures pricing a higher Fed terminal rate since the jobs report. "USD/INR is now firmly in a higher range, with a bias towards reaching the 83 level." is Authorised and Regulated by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2009 for the provision of payment services. jobs number has taken markets by surprise," said Srinivas Puni, managing director at QuantArt Market Solutions. PaySay ® is registered trade mark of PaaySay Ltd. That was the currency's worst session in more than four months, fuelled by the jobs report on Friday that prompted investors to have a re-look at how high the Fed is likely to raise interest rates. COLOMBO, March 8 (Reuters) - Sri Lankas central bank has devalued the rupee by up to 15, taking one of several steps analysts said are needed to obtain a International Monetary Fund loan. IST, after tumbling about 1% to 82.7250 on Monday. MUMBAI, Feb 7 (Reuters) - The Indian rupee was barely changed against the dollar on Tuesday, ahead of Federal Reserve Chair Jerome Powell's speech that will draw extra scrutiny on the back of an upbeat U.S. In the interbank market, the rupee appreciated Rs2.95 or 1.08 against the dollar to close at 273.33, according to the State Bank of Pakistan (SBP), up from yesterdays close of 276.28.
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