Rupee to remain in 85-86 level till Budget; current account deficit to be 1-1.5% of GDP: Aditi Nayar

Aditi Nayar, Chief Economist at ICRA, expects the rupee to stay in the 85-86 range until the Budget presentation. She forecasts GDP growth of 6.5% and current account deficit between 1% and 1.5% of GDP in FY25 and FY26. She emphasizes the importance of fiscal consolidation and expects better growth in the second half of the year.