The Indian rupee is poised for further depreciation, with Barclays’ Mitul Kotecha projecting the dollar-rupee exchange rate to reach 87 by the end of the year. Speaking to CNBC-TV18, Kotecha noted ...
The Indian rupee’s remarkable collapse continued as the USD/INR exchange rate jumped to a record high of 85.73. It has risen in the last eight consecutive weeks as odds of a more dovish Reserve Bank ...