Analysts see RBI measures steadying rupee, push back depreciation forecasts

The Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts have revised depreciation forecasts downward, with some expecting the rupee to trade around 93 in the short run. These steps aim to counter recent pressure that saw the rupee hit a record low.

Raccontata daeconomictimes.indiatimes.comtimesofindia.indiatimes.comthehindubusinessline.com