MUMBAI, July 25 (Reuters) – The Indian rupee will be looking to rise further versus the US dollar on Tuesday, on the back of the rise in Asian currencies and positive risk mood. Non-deliverable forwards indicate the rupee will open little changed or slightly higher than the dollar, having reached …
Read More »India rate cut bets pushed to mid-2024 amid inflation jump – traders
MUMBAI, July 24 (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle of 2024, with a sustained rise in prices likely to prompt a further repricing, traders and analysts said on Monday. Surging food …
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