I tend not to think about it in terms of triggers. The fact of the matter is, we are in currently a slightly weak patch in terms of economic growth. Certainly, there will be some improvement that should come through in terms of growth in the second half of the year.
Rupee shifting to 87-87.50 range against dollar; expects 50-75 bps rate cut in CY25: Upasna Bhardwaj
Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growth at 6.1% for FY25