Why rupee is weak when stocks are strong
Dollar's strength from US economy boosts interest rate expectations. Rupee weakens due to geopolitical tensions and high oil prices, impacting foreign investments. Positive outlook for rupee with enhanced balance of payments and low current account deficit expectations for FY24.
Dollar's strength from US economy boosts interest rate expectations. Rupee weakens due to geopolitical tensions and high oil prices, impacting foreign investments. Positive outlook for rupee with enhanced balance of payments and low current account deficit expectations for FY24. What's Your Reaction?
