The Indian rupee has rallied in the past few days, but we expect the currency to come under some pressure as the US Fed begins to tighten policy later this year. However, given the huge improvement in India’s current account position over the past couple of years, any weakening in the rupee is likely to be slight and gradual.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.