The rupee has come under pressure against the dollar amid rising tariff uncertainties, outflows from foreign portfolio investors, and continued dollar purchases by the central bank. Upcoming trade negotiations with the U.S., India’s growing role in BRICS, and oil imports from Russia are adding layers of complexity. Additionally, concerns over U.S. fiscal sustainability are prompting a shift in investor preference toward developed markets, further weighing on the rupee.
Comments
Post a Comment