The rupee has fallen from 85 to nearly 95 against the dollar in just a year. Could it hit the psychological 100 mark next? We spoke to four of India’s leading bank economists—Gaura Sengupta, chief economist at IDFC First Bank, Kanika Pasricha, chief economic advisor, Union Bank of India, Madhavi Arora, chief economist, Emkay Global Financial Services and Dhiraj Nim, economist and FX Strategist, ANZ—about where the currency is headed, what could push it over the edge, who stands to gain or lose, and whether the RBI can keep the slide in check. Show more Show less
Rupee@100? India’s Economists Weigh In
The rupee has fallen from 85 to nearly 95 against the dollar in just a year. Could it hit the psychological 100 mark next? We spoke to four of India’s leading bank economists—Gaura Sengupta, chief economist at IDFC First Bank, Kanika Pasricha, chief economic advisor, Union Bank of India, Madhavi Arora, chief economist, Emkay Global Financial Services and Dhiraj Nim, economist and FX Strategist, ANZ—about where the currency is headed, what could push it over the edge, who stands to gain or lose, and whether the RBI can keep the slide in check.
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