Dollar weakness may enhance FII inflows to India
pre-market1 source ↓written by the desknot a recommendation
- against the Dollar
- ₹90
Global currency markets are experiencing volatility as the US Dollar weakens against major currencies. The Indian rupee has stabilized around ₹90 against the Dollar, potentially attracting FII inflows. This trend is influenced by expectations of further US Fed rate cuts and geopolitical factors, which may support Indian equities in the near term.
Not investment advice. For informational purposes only.