IMO, there is no standard file adapter configuration to pick the latest file. You can write a os level script and first move the existing files to different directory and then place the file on the directory. This is one approach. Second approach is write a script and call this command after file processing in the file adapter. In this script after the file processing move the file to other directory. This way you maintain only one file at this time. Take help from unix team to write the script.
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