Indian Rupee Expected to Weaken as Interest Rates are Set to Decline
The Indian rupee is likely to weaken further as an interest-rate cut is anticipated, following signs of a shift in the Reserve Bank of India's monetary policy under new leadership.
The Indian rupee is projected to weaken further against the dollar as traders anticipate an interest rate cut, fueled by indications that the central bank is easing its control over the currency under new leadership.