India's CAD Likely To Exceed 2 Per Cent Of GDP In Q3 FY25 Amid Gold Import Surge: Report

The report highlighted that sluggish FPI inflows in recent months, coupled with a stronger US dollar, are likely to exert pressure on the Indian rupee. Bank of Baroda expects the rupee to trade in a range of 84-85.5/USD in the near term. 

Dec 28, 2024 - 10:25
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India's CAD Likely To Exceed 2 Per Cent Of GDP In Q3 FY25 Amid Gold Import Surge: Report
The report highlighted that sluggish FPI inflows in recent months, coupled with a stronger US dollar, are likely to exert pressure on the Indian rupee. Bank of Baroda expects the rupee to trade in a range of 84-85.5/USD in the near term. 

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