कोशिश गोल्ड - मुक्त
Rupee likely to face near-term pressure
Financial Express Bengaluru
|June 04, 2025
Besides rate-cut probability, global headwinds to keep investors on their toes
The rupee may continue to remain under pressure in the near term due to anticipations of a rate cut in the monetary policy review, scheduled for Friday, said experts. The rupee closed at 85.59 on Tuesday, down 20 paise. In May, the rupee fell 1.3% after appreciating during the previous two months.
Abheek Barua, former chief economist, HDFC Bank, and Sonal Bandhan, economist at Bank of Baroda, believe that the rupee will be under some pressure in the near-term as Reserve Bank of India's rate cut is expected to weigh on the currency.
यह कहानी Financial Express Bengaluru के June 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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