India's rupee is expected to reverse recent gains and weaken over the coming year, hurt by monetary policy easing, but the outcome of the national election is also likely to be a key driver of its direction, a Reuters poll found. The rupee was the worst performing Asian currency last year but gained over 2 percent in March despite the Reserve Bank of India easing policy in February and expectations for it to do so again later on Thursday. For More Information Please Visit: www.dollaradvisory.com And Call Us: +91 9111-179961
India's rupee is expected to reverse recent gains and weaken over the coming year, hurt by monetary policy easing, but the outcome of the national election is also likely to be a key driver of its direction, a Reuters poll found. The rupee was the worst performing Asian currency last year but gained over 2 percent in March despite the Reserve Bank of India easing policy in February and expectations for it to do so again later on Thursday. For More Information Please Visit: www.dollaradvisory.com And Call Us: +91 9111-179961
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