INR vs USD: Indian rupee may appreciate up to 72.70 against US dollar, say experts
INR vs USD: On account of slight improvement in the COVID-19 situation in India, increasing inflows in the Indian markets, labour reforms and Indian forex reserves at all-time high, the Indian rupee is expected to appreciate against the dollar up to 72.70 levels.
USD-INR has been flat over the past three weeks, even though Nifty has witnessed a peak to trough drawdown of over 6 per cent and USD is trading at the highest level since July against major currencies. Photo: Reuters