As a result, the risk-on strategy will come in. In other words, we anticipate increased FII investment in India and expect the rupee to appreciate. We would not be surprised if the rupee were to fall below the 80 levels in 2023.
As a result, the risk-on strategy will come in. In other words, we anticipate increased FII investment in India and expect the rupee to appreciate. We would not be surprised if the rupee were to fall below the 80 levels in 2023.