Sushil Finance expects USDINR likely to trade positive on the back of strengthening US economy and hint of earlier than expected interest rate hike by the Fed.

The Indian rupee recovered on Tuesday from a one-month low hit in the previous session on bargain-hunting, but sentiment was broadly cautious a day before the outcome of the Federal Reserve's meeting.

The U.S. Federal Reserve meets on Tuesday and Wednesday, and investors will parse the central bank's words closely for any clues on the timing of the first U.S. rate hike in more than eight years, it said.

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