Rupee to marginally depreciate against USD in CY25, outperform many of its peers: Report
The Indian rupee is expected to face slight depreciation in 2025 due to volatile FPI flows and a stronger US dollar, according to Bank of Baroda. Despite a decrease in 2024, the rupee was supported by strong forex reserves and RBI interventions. Equity markets are poised for growth driven by rural spending and government expenditure.
The Indian rupee is expected to face slight depreciation in 2025 due to volatile FPI flows and a stronger US dollar, according to Bank of Baroda. Despite a decrease in 2024, the rupee was supported by strong forex reserves and RBI interventions. Equity markets are poised for growth driven by rural spending and government expenditure.
