Rupee Slide to 100 a ‘Virtual Certainty’ for Some Despite RBI

India’s rupee may weaken to a record 100 per dollar or beyond if the Iran war drags on, with strategists warning that authorities’ efforts to slow its roughly 10% drop over the past year may only provide temporary relief.

(Bloomberg) Indias rupee may weaken to a record 100 per dollar or beyond if the Iran war drags on, with strategists warning that authorities efforts to slow its roughly 10% drop over the past year ma…

Originally published by Financial Post. Read the full article →