Wednesday, January 19, 2022

Forex and Rates

Rising trade deficit to dampen rupee’s prospects

Nevertheless, persistent interest of FIIs in India's equity market will arrest any sharp depreciation moves.

Rupee to end 2020 on a bullish note

On the other hand, India's forex reserves continued to rise, indicating, an active Reserve Bank which has kept rupee in a check, to make exports competitive.

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