Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge Ratings

New Delhi [India]: The Indian rupee is expected to maintain a level of 89 to 90 against the US dollar by the end of fiscal year 2027, supported by a softer dollar and a manageable current account deficit (CAD), according to a report by CareEdge Ratings. The report highlighted that the USD/INR strengthened from recent … Continue reading Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge Ratings