💨 Abstract
The Bank of Baroda report predicts near-term pressure on the Indian rupee, trading between 84-84.5 per US dollar, due to FPI outflows and US dollar strength. However, the report remains optimistic about the rupee's medium to long-term prospects, citing India's strong macroeconomic fundamentals.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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