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HomeNewsOpinionAfter a most stable 2023 performance, rupee set to gain in 2024

After a most stable 2023 performance, rupee set to gain in 2024

Strengthening external sector metrics, benign oil prices, robust portfolio dollar flows, monetary easing indicators and an anchored inflation will all contribute to the rupee’s strength in 2024 

The rupee has depreciated marginally against the dollar, in comparison to other major peer currencies of South Korea and China

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