Currency Forecast - INR: Modest Depreciation In 2016 - 04 JAN 2016
Emerging Markets Monitor December 2015 / India / Finance
The Indian rupee will depreciate modestly against the US dollar over the coming years, and we forecast the unit to average INR68.25/USD in 2016 and INR69.50/USD in 2017. Amid mounting external...
Economic Analysis - Higher Fiscal Expenditure Poses Inflation Risks - 19 MAY 2014
Emerging Markets Monitor May 2014 / India / Economy
India's budget deficit in FY2014/15 is forecasted to remain at 7.1% of GDP as we expect the new Bharatia Janata Party (BJP)-led government to increase spending to revive economic growth. Given the...
Currency Forecast - INR: Short-Term Weakness On The Cards - 11 NOV 2013
Emerging Markets Monitor November 2013 / India / Economy
In line with our expectations, the Indian rupee has regained some poise following its mid-2013 blowout, with the currency notching up gains of 10.5% from August 28's all-time low of INR68.85/US$ hi...
Market Strategy - INR: Retest Of All-Time Low On The Cards - 03 JUNE 2013
Emerging Markets Monitor May 2013 / India / Economy
The Indian rupee has had a difficult time of late following a major break to the downside in its pennant formation early in May, which signals to us a likely retest of its all-time low of INR57.33/...