Commodities & currencyBusiness Today
GTRI and Axis Bank differ on rupee rally duration
Neutral0
GreyOak summary
The Indian rupee strengthened to 93.65 against the US dollar amid falling Brent crude prices and renewed foreign portfolio inflows of 53,739 crore. While GTRI predicts a move to 92-93, Axis Bank forecasts a weaker 100 by June 2027 due to reserve rebuilding needs.
What it affects
- Axis BankAXISBANKNeutral 0
Axis Bank forecasts rupee at 100 by 2027.Rolling sentiment Neutral +10
Source
Read the original at Business TodayMore Axis Bank news
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