Rupee left behind in EM rally as RBI rebuilds foreign reserves https://ift.tt/Tg9sqKV rupee forecasts highlight the downside risk for the Indian currency, which analysts surveyed by Bloomberg expect to end the quarter at 82 against the dollar. While the Bloomberg JPMorgan Asia Dollar index has rallied more than 7% since the start of November, the rupee has only appreciated 1.5%.
Sunday, January 29, 2023
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