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Rupee to strengthen in 12 months
Jul 31: The Rupee is projected to strengthen rapidly in the next 12 months, according to fresh analysis
8The expectation is that USDINR will trade at 64.0 in 3M amidst the China/India border dispute.
8It is then expected to trend to 62.5 in 9M and 62.0 in 12M.
The next leg of sustained INR appreciation will be dependent on deeper economic reforms that have been slow to materialize.
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