Commodities & currencyFinancial Express
Axis Bank flags rupee at 100 by June 2027
Neutral0
GreyOak summary
Axis Bank Research predicts the Indian rupee will weaken to 100 against the US dollar by June 2027. The bank cites low forex reserve adequacy, potential FPI outflows, and external debt repayments as key risks.
What it affects
- Axis BankAXISBANKNeutral 0
Research unit flags currency risksRolling sentiment Neutral +10
Source
Read the original at Financial ExpressMore Axis Bank news
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