Markets
Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal Oswal
The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges including dollar strength and crude oil price fluctuations. Despite a widening trade defi
The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges including dollar strength and crude oil price fluctuations.
Despite a widening trade deficit, strong capital inflows and RBI intervention are expected to prevent a sharp depreciation.
Source reference: Economic Times
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