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Economy · Mumbai, India ·

Rupee forecast to weaken toward 100 per dollar

Forecasters expect India's rupee to slide toward 100 per US dollar despite pushback from the Reserve Bank of India, whose recent moves lifted it from 96.79 back to around 95.

The story so far

  1. Reserve Bank of India raises rates for first time since 2023
  2. Reserve Bank of India raises rates for first time since 2023
  3. Rupee forecast to weaken toward 100 per dollar

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