Has Rupee Bottomed Out Against the Dollar? Jefferies’ Chris Wood Decodes the Forex Math
The Indian rupee has been under intense scrutiny in recent months, with its sharp depreciation against the US dollar raising concerns across financial markets. According to Jefferies’ Christopher Wood, the rupee’s fall past the 90-per-dollar mark may be nearing an end, suggesting that the currency could have finally bottomed out. His analysis, published in Jefferies’…