Uncertainty surrounding a U.S.-India trade deal is driving rupee volatility, with the currency potentially falling to 92 per dollar if an agreement is delayed. The rupee has already hit an all-time low, becoming Asia’s worst performer due to a widening trade gap and weak investment flows.
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India's largest private lender sees rupee falling to 92 in absence of quick US trade deal
Uncertainty surrounding a U.S.-India trade deal is driving rupee volatility, with the currency potentially falling to 92 per dollar if an agreement is delayed. The rupee has already hit an all-time low, becoming Asia’s worst performer due to a widening trade gap and weak investment flows.
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