March 13, 2026

Indian Rupee Could Hit 84-85/USD By March On Trade Deficit, Oil Woes -Elara Global

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Indian Rupee Could Hit 84-85/USD By March On Trade Deficit, Oil Woes -Elara Global

 

Higher-than-expected jobs additions in September and an unexpected dip in the unemployment rate cemented bets of another 75 basis points Fed rate hike next month, pressuring the rupee.