On Wednesday, the Indian rupee weakened marginally against the U.S. dollar, reversing its initial gains due to increased hedging by importers and the maturation of positions in the non-deliverable ...
The RBI's willingness to accept a larger scale of currency depreciation aligns with its looser policy approach and increased volatility in the currency markets. Following a recent rate cut by the RBI ...
USD/INR last at 86.69. DBS expects USD/INR to rise to 88.8 by mid-2025 on the dollar’s haven status from Trump tariffs and the Fed delaying rate cuts to 2H.
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