Reported about 15 hours ago
The Indian rupee's recent gains may be short-lived due to the Reserve Bank of India's focus on monetary easing and rising global market volatility. Analysts predict the rupee could weaken significantly by mid-2025, with external factors like US tariffs also affecting its value. Despite a notable one-day increase recently, expectations of further RBI rate cuts and tightening liquidity conditions suggest the rupee may struggle to maintain strength.
Source: YAHOO