Given these concerns, UBS has revised its outlook for India, advising investors to buy bearish rupee options, pricing in a further 2.6% depreciation of the Indian currency this year. The bank also ...
The local currency opened at 86.5650 against the US dollar, and by 9:30 AM it traded at 86.5938 against the US dollar, as compared to 86.5863 at close on the previous trading session against the ...