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Indian rupee to trade in a narrow range in near term: Reuters poll

The Indian rupee will trade in a tight range against the U.S. dollar over the next three months, close to its historic low, but any hawkish moves from the Federal Reserve on rates could send it sliding, a Reuters poll of analysts found. ....

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RBI To Hold Rates In 2023, Cut Expected In Early 2024: Report

A quarter of respondents in the Reuters poll, 14, predicted the repo rate to be 6.25% or lower by then. Three forecast one more hike next quarter to 6.75%. ....

Shaktikanta Das , Reserve Bank , Domestic Economy Resilient , Dhiraj Nim , Oxford Economics , Repo Rate ,

India's RBI to hold rates through year-end, cut in early 2024 - Reuters poll

BENGALURU (Reuters) - The Reserve Bank of India (RBI) will leave its key interest rate unchanged at 6.50% on June 8 and for the rest of 2023 as it waits to see the economic impact of a series of hikes over the past year, a Reuters poll of economists found. | 07:16am ....

Sujith Pai , David Holmes , Hari Kishan , Devayani Sathyan , Ross Finley , Vivek Mishra , Anant Chandak , Dhiraj Nim ,

Shrinking current account gap provides a reprieve for rupee

Citigroup Inc. slashed its forecast even further to 1.4% of GDP from 2.2% previously, reflecting a steady drop in goods imports and strength in services exports. ....

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India's shrinking current account gap provides a reprieve for Rupee

Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee currently among the worst performers in emerging Asia. ....

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