ANZ Research Forecasts Indian Rupee Stability Amid Persistent Economic Headwinds
Market Outlook and Currency Projections ANZ Research projected this week that the Reserve Bank of India (RBI) will likely intervene to prevent the Indian rupee from hitting the 100-per-dollar mark in the near term. Dhiraj Nim, a strategist at the firm, anticipates the currency will settle near 97.5 against the greenback by the close of…