What is the forecast for Indian Rupee against USD?
The Indian Rupee is approximately 50 rupees for a dollar, I would like to know how long it will be like this? And also what is the reason behind the indian rupee getting higher when compared to dollar?
Many investors and NRIs are probably wondering about the same. Given that there is not going to be much more change in the global geo-political environment, while the Indian economy continues to be a bit more resilient.
This also makes one think that the Rupee/Dollar exchange will continue to be around the same level for a while.
In the really long run, who knows?!
