The Indian rupee's slide towards 90 has sparked market speculation, with experts suggesting it's seeking equilibrium due to unfavorable current and capital accounts. While short-term dips to 90.5-91 are possible, fundamentals point to a medium-term recovery towards 88, indicating potential undervaluation.
Rupee under pressure, but “not a panic situation yet, says Abhishek Goenka
The Economy Times Markets7 hrs ago
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