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Rupee Rollin' Downhill: DBS Bank Spills the Beans

Rupee Rollin' Downhill: DBS Bank Spills the Beans

Yo, check it! The Indian rupee's slippin' to 93-94 against the dollar this year, as capital ain't flowin' like it used to. With $4 billion bouncin' outta local equities, the RBI's cool with a 3-4% dip. A lil' US-India trade deal could help turn the tide, so keep your eyes peeled, g.

Quick rundown

  1. Indian rupee could weaken to 93-94 per US dollar.
  2. Capital inflows dwindle, impacting the rupee's strength.
  3. RBI may consider structural measures to support inflows.
  4. FCNR scheme previously helped stabilize the rupee in 2013.
  5. US-India trade deal could improve rupee's outlook.

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Series

  • Indian Premier League
  • Pakistan Super League
  • New Zealand tour of Bangladesh
  • India Women tour of South Africa