Medium-term, even if the rupee goes to 84, it won’t sustain there; 10-year bond yield heading to 6.75%: Jayesh Mehta

July 26, 2024

Jayesh Mehta, Vice-Chairman & CEO of DSP Finance, explained the recent fall in the rupee against the dollar, attributing it to a risk-off situation and the strengthening of the dollar. Despite the current scenario, he mentioned that the rupee might not sustain at the 84 level for long-term due to India’s strong economic story.

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