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      • India's rupee will still be very close to its historic low in six months despite the Reserve Bank of India using its coffers to cut volatility, according to a Reuters poll in which over a third of analysts forecast it to reach a new low in a year.
      www.reuters.com/markets/currencies/indian-rupee-stay-weak-third-analysts-expect-new-low-within-year-2023-09-07/
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  2. Sep 7, 2023 · India's rupee will still be very close to its historic low in six months despite the Reserve Bank of India using its coffers to cut volatility, according to a Reuters poll in which over a...

  3. Aug 25, 2023 · The rupee may be allowed to weaken a bit, albeit slowly, towards 84 in the next six months if the current situation of dollar strength and Chinese yuan weakness persists.

    • The Indian Rupee’S Current Outlook in 2022
    • U.S. Dollar Performance and Drivers in 2022
    • USD to INR Forecast

    Following a sustained long-term downtrend over the past decade, 2022 resumes a bearish outlook for the Indian rupee(INR). Rupee weakness has accelerated this year, best illustrated by its dramatic all-time low (82.77) printed against the dollar in October. However, the rupee’s 8.36% decline against the greenback since January is consistent with the...

    September saw a surging dollar make its yearly high of 114.10, a 14% increase in value compared to its basket of challenger currencies. According to the ICE Dollar Index (DXY), a barometer of dollar strength, the buck has achieved its greatest gains since 2002. A currency’s strength or weakness cannot be determined in isolation. The index—an effect...

    The following INR USD forecasts are based on currently available data. The forecasts could be revised or proven entirely wrong depending on the extent to which key factors, such as central bank policy and interest rates, are in line with market expectations. Conduct your own research and remember that past performance does not guarantee future resu...

    • Robert Colville
  4. Apr 5, 2023 · The Indian rupee, one of the worst-performing Asian currencies last year, will fall further in the coming months and is expected to drift back to trade around where it is now in 12 months,...

  5. Apr 5, 2023 · The Rupee, one of the worst-performing Asian currencies last year, will fall further in the coming months and is expected to drift back to trade around where it is now in 12 months, according to a Reuters poll of FX strategists.

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  6. Mar 18, 2013 · So what is the market telling you -- is the rupee headed higher or lower in the near term? I do not know anything about the near term. In the medium term, ie. four, five, six months, the rupee will be lower. The RBI has, however, maintained that the rupee is going to be in the band of 52 to 56.

  7. Nov 8, 2023 · BENGALURU, Nov 8 (Reuters) - The Indian rupee will trade near record lows against the dollar over the coming months, according to a Reuters poll of FX strategists who also said the Reserve Bank...