Rupee will marginally depreciate against USD in CY25, will outperform many of its peers: Report
New Delhi [India], January 2 (ANI): In CY25, the Indian Rupee (INR) is expected to experience marginal depreciation, largely driven by continued volatility in Foreign Portfolio Investor (FPI) flows and the likelihood of a stronger U.S. dollar, according to a Bank of Baroda report.
The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has act