Indian Rupee to mostly trade sideways in 2021: Fitch Solutions
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Fitch Solutions on Thursday revised its forecast for Indian rupee to average Rs 73.50 per US dollar in 2021, slightly stronger from Rs 75.50 per US dollar previously, which reflects its view for the rupee to mostly trade sideways over the course of year. The Indian rupee has appreciated by 0.6 per cent since its December 2020 forecast and averaged Rs 73 per US dollar in the 2021 year-to-date.