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More trouble ahead for bruised rupee: Reuters poll

Reuters  |  BENGALURU 

By Indradip GhoshBENGALURU (Reuters) - The rupee will weaken over the six next months as uncertainty builds heading into national elections due in May, a Reuters poll showed.While a sharp drop in oil prices should help the slowing economy and the rupee, concerns will also persist over sluggish domestic demand which weighed more heavily on July-September growth than expected.Most major Asian currencies have had a bruising year amid a strong U.S. dollar, though many have made some gains this week after the United States and China agreed at the weekend to a 90-day truce in their trade war.But ...

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First Published: Wed, December 05 2018. 11:43 IST
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