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Rupee to trade in 89-90 per dollar range in Dec, RBI unlikely to cut rates
The Statesman Bhubaneswar
|December 02, 2025
The Indian rupee (INR) is expected to trade with a depreciating bias in the near term, with the United States-dollar/Indian rupee (USD/INR) rate to trade in the range of 89-90 per dollar this month, a report said on
Monday.
The report from Bank of Baroda said that progress on a United States India (US India) trade deal will be the main catalyst for any sharp move of INR either way.
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