Currency US Fed and ECB meetings will decide how the rupee acts and RBI reacts Updated : December 11, 2019 12:24 PM IST Updated projections for the US economy and interest rates will be the main focus. For the euro, Christine Lagarde will be overseeing her first monetary policy announcement as European Central Bank president and might opt to maintain status quo. The Reserve Bank of India has come forward and protected the rupee from appreciating sharply near 70.30-50 levels. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.