Rupee will hover near current levels with a positive bias: UBI Report

New Delhi [India], October 5 (ANI): Analysts predict that the rupee will hover near current levels with a positive bias, supported by continued foreign portfolio investment (FPI) inflows and a generally weaker dollar, according to the Union Bank of India report.

However, escalating tensions in the Middle East may exert downward pressure on the rupee, especially if dollar outflows intensify amid geopolitical uncertainty, i