According to a recent poll conducted by Business Standard, the Indian rupee is anticipated to strengthen against the US dollar come April. This projection comes amid various factors, including improved economic indicators and a positive market sentiment.
The poll suggests that the rupee's expected rebound could be attributed to several factors, such as increased foreign fund inflows and a likely decline in the US dollar index. This potential resurgence of the rupee against the dollar signifies positive prospects for India's economy and foreign exchange markets in the near future.