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Rupee under pressure, but “not a panic situation yet, says Abhishek Goenka

The Indian rupee’s slide towards 90 has sparked market speculation, with experts suggesting it’s seeking equilibrium due to unfavorable current and capital accounts. While short-term dips to 90.5-91 are possible, fundamentals point to a medium-term recovery towards 88, indicating potential undervaluation.

Source :- Markets-Economic Times Read More

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