Trump trade unwinding has led to lower US treasury yields, a weaker Dollar, and equity corrections.
Rupee rebounded from 87.95 to sub-86 levels, outperforming Asian peers amid Dollar weakness and RBI policy shifts.
Factors like a lower trade deficit, record remittances, and stable Brent prices support Rupee strength.
RBI now has room for a more expansionary policy, with a terminal repo rate possibly at 5.5% if Fed cuts rates.
Comments
Post a Comment