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Rupee slide sparks caution as experts flag heightened market volatility
India’s rupee breached the 89 mark, reflecting persistent external pressure and weakening foreign investor sentiment. Market expert Ajay Bagga cautioned that elevated volatility may persist as global risk appetite shifts and foreign portfolio inflows remain under strain. Traders are monitoring currency movements alongside policy cues, US economic data, and geopolitical developments to gauge near-term stability while assessing whether additional measures may be required to support the rupee.
Tags:
- economy
- forex
neutral
Rupee slide sparks caution as experts flag heightened market volatility
India’s rupee breached the 89 mark, reflecting persistent external pressure and weakening foreign investor sentiment. Market expert Ajay Bagga cautioned that elevated volatility may persist as global risk appetite shifts and foreign portfolio inflows remain under strain. Traders are monitoring currency movements alongside policy cues, US economic data, and geopolitical developments to gauge near-term stability while assessing whether additional measures may be required to support the rupee.
Tags:
- economy
- forex
1 min read
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Rupee breaks 89 as Ajay Bagga warns of volatility driven by weak FPI sentiment.
India’s rupee breached the 89 mark, reflecting persistent external pressure and weakening foreign investor sentiment. Market expert Ajay Bagga cautioned that elevated volatility may persist as global risk appetite shifts and foreign portfolio inflows remain under strain. Traders are monitoring currency movements alongside policy cues, US economic data, and geopolitical developments to gauge near-term stability while assessing whether additional measures may be required to support the rupee.
India’s rupee breached the 89 mark, reflecting persistent external pressure and weakening foreign investor sentiment. Market expert Ajay Bagga cautioned that elevated volatility may persist as global risk appetite shifts and foreign portfolio inflows remain under strain. Traders are monitoring currency movements alongside policy cues, US economic data, and geopolitical developments to gauge near-term stability while assessing whether additional measures may be required to support the rupee.
Tags:
- economy
- forex
- economy
- forex
- rupee
- fpi
- markets