The Indian Rupee is expected to maintain a steady trajectory, trading around Rs 95 per US dollar by the end of 2026, according to a BMI report released on Wednesday. Currently priced at Rs 95.20, the currency faces pressure due to ongoing US-Iran tensions, affecting emerging market currencies, particularly those of energy-importing nations like India.While factors such as the Iran conflict impact the Rupee's value, the Reserve Bank of India (RBI) plans strategic interventions to stabilize the currency, amid a weakening position caused by slowing profit repatriation and significant foreign...
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