Weak rupee not a hurdle to India rate cut, analysts say
PositiveFinancial Markets

Analysts are optimistic that the weak rupee will not impede India's potential for a rate cut. This is significant as it suggests that the Reserve Bank of India may still have room to maneuver in monetary policy despite currency fluctuations. A rate cut could stimulate economic growth, making borrowing cheaper for businesses and consumers, which is crucial for recovery in the post-pandemic landscape.
— Curated by the World Pulse Now AI Editorial System