USD/INR extends rally ahead of Fed rate decision

The Indian Rupee (INR) edges lower on Wednesday. The weakness of local currency is largely driven by persistent US Dollar (USD) high demand for month-end payments, dragging the INR lower near record lows over the last few trading sessions.
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GBP/USD holds below 1.2850, all eyes on Fed rate decision

The GBP/USD pair remains on the defensive near 1.2840 during the early Asian trading hours on Wednesday.
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