While India’s macroeconomic fundamentals have witnessed improvements and growth remains robust, the intervention by the Reserve Bank of India (RBI) has limited the rupee’s mobility. In this comprehensive analysis, we delve into the factors influencing the Indian rupee’s trajectory and present our view on the USDINR exchange rate.

The fragility in Forex valuation never tends to remain certain either pre-pandemic or in the midst of great pause. At the outset, the article will broadly breakdown the main levers of Rupee and tentative projections after the US election and later part outlined key important factors for the dollar future path.