💨 Abstract

The Indian rupee is expected to remain under pressure this week due to foreign portfolio outflows, with the currency influenced by regional peers. Government bonds will react to central bank liquidity infusions. The rupee is predicted to be in the 86.40 to 87.10 range in the short term and weaken towards 88 over six months.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖