USD/INR to trade in a 82-84 range in the short term – Credit Suisse USDINR Banks India GDP
to fuel its strong growth. It will also continue importing discounted Russian oil, but that will not blunt the impact of higher oil import volumes.”
“The RBI will likely limit rupee weakness at 84.00 in the short term, but unlike for China, we think the ongoing re-opening in India points to rupee weakness.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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