USD/INR forecast: what next for the rupee after the RBI cut?

The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first interest rate cut since the pandemic. The USD/INR exchange rate was trading at 87.50 on Friday, a few points below the all-time high of 87.61. It has risen by over 5.8% from its […]