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.
The Indian rupee witnessed its biggest rally in over two years, recovering the 87 mark against the US dollar on February 11.
The Indian rupee surged nearly 1% against the US dollar, aided by the RBI's intervention, marking its strongest rally in over ...
The central bank’s stated objective is to maintain orderliness and stability, without compromising market efficiency, RBI ...