mumbai march 9 reuters  the indian rupee rose against the us currency on thursday supported by dollar inflows and the underlying positive momentum traders said the rupee was at 818575 to the us dollar by 1022 am ist compared with 820550 in the previous session the rupee has not been impacted by the change in the repricing of what the federal reserve is likely to do at this months meeting the local currency is marginally higher than what it was before fed chair jerome powells hawkish comments on the back of powells comments the odds of the fed reverting to a 50basis point bps rate hike at this months meeting have jumped to nearly 70 the fed peak rate expectations have reached 566 it is to be expected that the rupee will do better than the rest of asia when the dollar index rallies but it is surprising to see this kind of resilience at near to 82 a spot trader at a private sector bank said dollar inflows are helping negotiate the renewed fed concerns they added india’s march fiscal yearend may be an underlying factor helping the rupee according to traders india sees increased capital inflows in march possibly related to fdi and intercompany loans nomura pointed out in a note released late last month most other asian currencies were slightly lower for the day weighed by worries over the feds stance powell on wednesday reaffirmed his message of higher and potentially faster interest rate hikes and noted that a decision would hinge on upcoming data there are two important data points before the feds march 2122 meeting  the us jobs report on friday and the consumer inflation data on tuesday after powell’s speech the market will be incredibly sensitive to the outcome of the us jobs report chris weston head research at broker pepperstone said in an email