Rupee vulnerable as portfolio outflows, US policy worries persist
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最新报道：The Indian rupee faces continued depreciation pressure amid foreign portfolio outflows and U.S. policy concerns, with the 1-month non-deliverable forward indicating an opening range of 88.74-88.77 against the dollar. Bank of America revised its year-end rupee forecast to 86 from 85, citing potential U.S. tariff impacts on exports and equity outflows. Foreign investors have net sold $1.3 billion in local stocks this month, though RBI interventions helped the rupee recover from Tuesday's record low of 88.7975.
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