By tredu.com • 6/3/2025
Tredu
The Indian Rupee (INR) continued to lose ground against the US Dollar (USD) on Tuesday, with USD/INR trading around 85.65, reversing earlier gains. The Dollar’s modest comeback and local economic headwinds weighed heavily on the Rupee.
Markets are increasingly betting on another rate cut from the Reserve Bank of India (RBI), with State Bank of India (SBI) suggesting a possible 50 basis point (bps) reduction, marking a third consecutive easing move.
The decline in the Rupee comes amid:
These factors add to investor concerns, pushing INR toward further depreciation.
All eyes are now on the upcoming RBI policy meeting, with inflation in check and economic risks rising.
“A 50 bps cut cannot be ruled out, especially if global uncertainty around US tariffs continues,” say Tredu analysts.
The move would be seen as a strong push to support domestic demand and improve liquidity.
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By Tredu.com · 8/29/2025
By Tredu.com · 8/29/2025
By Tredu.com · 8/29/2025