Rupee's depreciation may be temporary, INR could appreciate from current levels: RBI Dy Governor

🇮🇳 Times of Oman (IN) —
Rupee's depreciation may be temporary, INR could appreciate from current levels: RBI Dy Governor

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The Indian Rupee has depreciated by 13.1% in the last 18 months but the RBI Deputy Governor suggests this may be temporary with potential for appreciation. The outlook reflects expectations for currency stabilization and positive economic implications.

Mumbai: The Indian rupee's cumulative depreciation of 13.1 per cent over the past year and a half could prove to be temporary, with the currency potentially...

Politics Markets Indian Rupee currency depreciation RBI Deputy Governor exchange rates economic outlook

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