Fixed Income And Currency Market

5 Jun 2022

Will the INR depreciate further?

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The INR is facing weakness due to issues of global central banks tightening policy, capital outflows, widening trade deficit and rising fiscal deficit along with high inflation expectations. In the short term, INR will continue to depreciate but in the longer term, can attract more FDI flows on global outsourcing.

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Subhasis Mishra
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