Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists
New Delhi, Nov. 10 -- The Indian rupee may appreciate further against the US dollar over the next couple of months, supported by easing global headwinds, declining crude oil prices, improving foreign capital inflows and a weakening US dollar, according to economists.
Speaking to ANI, former UN adviser and economist Santosh Mehrotra said the domestic currency could strengthen further if the recent easing of global economic and geopolitical pressures continues.
"Overall, we can expect the Indian rupee to appreciate further over the coming couple of months," Mehrotra said, adding that the outlook would depend on whether global headwinds, which are currently subsiding, remain subdued or ease further.
Explaining the factors behind the rupee...
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