Rupee May Fall Past 90 Per Dollar as RBI Ditches Quasi-Peg, Research Says
Rupee banknotes at a bank in Chennai.
Photographer: Arun Sankar/AFP.Getty Images
This article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
The Indian rupee may fall past 90 per dollar this year as the monetary authority prepares to ditch the currency’s implicit quasi-peg to the dollar, according to Gavekal Research.