The not possible trinity of greenback weak point, subdued crude oil worth & INR depreciation, ETCFO
In 2025, each greenback and oil costs have slipped to ranges final seen greater than three-years in the past, which ought to have resulted in INR energy. Nonetheless, USDINR has remained range-bound and even registered a gentle depreciation over the past one yr. The INR consequence displays two elements: muted capital flows and RBI intervention….