US Dollar, Rupee Outlook: USD/INR Rate May Rise as Nifty Falls
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The USD/INR rate could rise as the Nifty 50 sinks after Indian industrial production shrank by the most since 2011, fueling RBI rate cut bets amid the ongoing US-China trade war.
India's retail inflation eases to 7.04% in May, but remains above RBI comfort level
Rupee likely to stay rangebound amid lack of fresh triggers; unable to exploit lower dollar, treasury yields, oil prices
View Rupee might depreciate steadily towards 85 vs dollar in medium term
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