According to Jinshi, Mitsubishi UFJ has lowered its forecast for the Indian rupee to 83 against the US dollar at the end of the year, from 82 previously. The agency expects the Reserve Bank of India to delay cutting interest rates.
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According to Jinshi, Mitsubishi UFJ has lowered its forecast for the Indian rupee to 83 against the US dollar at the end of the year, from 82 previously. The agency expects the Reserve Bank of India to delay cutting interest rates.
