As rupee inches towards 80 against dollar; there may be more pain ahead, warn experts

The Indian rupee has lost more than 6 percent since January 2022, and many experts fear the currency might hit the 80-mark against the US dollar over the coming months.

Centre, RBI brace for more rupee volatility: Report

Rupee's weakness has also added to the inflation. The government and the RBI are reported to have discussed the rupee’s depreciation in the past week.

<ul><li>Rupee's weakness has also added to the inflation. The government and the RBI are reported to have discussed the rupee’s depreciation in the past week.</li></ul>

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India central bank deputy Michael Patra expects inflation to breach 6% for three quarters

Retail inflation eased marginally in May, after touching an eight-year high of 7.79% in April, but remained above the central bank's tolerance band of 2-6% for a fifth month in a row.

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As rupee inches towards 80 against dollar; there may be more pain ahead, warn experts

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