The Indian Rupee’s performance hinges on the dollar’s strength this week. Bond movements will depend on expected interest rate cuts by the Reserve Bank of India. Traders anticipate the rupee fluctuating between 85.80 and 86.70. Market participants will closely monitor Federal Reserve Chair Jerome Powell’s remarks and ongoing trade negotiations between India and the U.S.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets