The Indian rupee slipped to 91 against the US dollar on December 16. Motilal Oswal’s Navneet Damani warns the weakness may extend to 91.50–92 amid trade deal uncertainty, equity outflows and rising global bond yields, with RBI intervention awaited.
The Indian rupee slipped to 91 against the US dollar on December 16. Motilal Oswal’s Navneet Damani warns the weakness may extend to 91.50–92 amid trade deal uncertainty, equity outflows and rising global bond yields, with RBI intervention awaited.