USD/INR: Indian rupee to depreciate on unexpected Fed hike – World Bank

Market news

6 December 2022

USD/INR: Indian rupee to depreciate on unexpected Fed hike – World Bank

An official at the World Bank offers his outlook on the Indian economy and the Rupee.

Key quotes

"India well placed to navigate global headwinds."

"The impact of global headwinds on India is relatively lower compared to other emerging economies."

"Have no concerns about India's debt sustainability at this stage."

"An unexpected hike by the US fed could lead to rupee depreciation, rise in retail inflation in India."

Also read: USD/INR Price News: Indian Rupee renews monthly low past 82.00 with eyes on RBI

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