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As a result of their revised Reserve Bank of India policy rate forecast, economists at Wells Fargo see the Ruppe coming under more downside pressure than previously expected.
We believe RBI policymakers keeping rates on hold through the end of this year is unlikely to materialize, so the Rupee may experience slightly more downside as markets price RBI rate cuts.
We now believe the Indian Rupee can experience more downside than we initially expected through the end of this year. To that point, we now believe the USD/INR pair can reach 83.25 by the end of this year before recovering ground over the course of 2024
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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