The Indian rupee is experiencing a significant decline. Global economic shifts and domestic challenges are driving this depreciation. Analysts point to a stronger US dollar and rising US bond yields. Elevated crude oil prices also pose a risk. This situation complicates the Reserve Bank of India’s policy outlook. The rupee may remain under pressure in the coming period.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest