LA Indian rupee falls on Wednesday after volatile trading, the decision of the Fed on interest rates being the focus of attention.

The Indian rupee closed at 89.9650 for a US dollar, slightly weaker than the close of 89.8750 during the previous session.

The motto swayed throughout the day in a range of 89.77 to 90.08, after finding some relief by compared to last week's record low of 90.42.

The yen seemed to be ringing in Asia after a sudden fall overnight, reaching an all-time low against the euro and falling by nearly 0.9% against the Australian dollar. The dollar American, for its part, threatened to cross the 157 yen threshold. An increase of 25 basis points is almost entirely anticipated by the markets, but the The outcome remains uncertain. With continuing concerns about Public finances and growth in Japan, few arguments plead in in favor of a further tightening of monetary policy beyond December.