Rupee likely to depreciate to 82.90 in coming weeks; USDINR spot technical set-up bullish, support at 81.90

By Dilip Parmar The rupee took a beating, declining for a third straight week amid foreign fund outflows, higher crude oil prices and strong dollar demand from the corporates. The emerging market currencies posted their biggest weekly loss since April on expectations that US interest rates are headed higher to tame inflation. India’s inflation breached […]

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