Rupee to marginally depreciate against USD in CY25, outperform many of its peers: Report

The Indian rupee is expected to face slight depreciation in 2025 due to volatile FPI flows and a stronger US dollar, according to Bank of Baroda. Despite a decrease in 2024, the rupee was supported by strong forex reserves and RBI interventions. Equity markets are poised for growth driven by rural spending and government expenditure.

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