Biggest Rupee Bear Sees Asia’s Top FX Hitting One-Year Low
- StanChart sees rupee at 76.50 per dollar by year-end
- Real effective exchange rate is close to multi-decade highs
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The Indian rupee, Asia’s best-performing currency this year, is going to slide right back to levels last seen in the depths of the pandemic meltdown, according to Parul Mittal Sinha at Standard Chartered Plc.