Strategists at UOB Group’s Quarterly Global Outlook noted the Indian Rupee risks further weakness in the next months. Key Quotes “Going forth, until the policy reforms start to show material results and the growth outlook starts to improve, it is likely investors would continue to shun the INR. As such, we maintain our trajectory of a higher USD/INR ahead.” “Our updated forecasts are 76.00 in 3Q20, 76.50 in 4Q20, 77.00 in 1Q21 and 77.50 in 2Q21.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD advances to fresh daily highs above 1.3580 FX Street 2 years Strategists at UOB Group’s Quarterly Global Outlook noted the Indian Rupee risks further weakness in the next months. Key Quotes “Going forth, until the policy reforms start to show material results and the growth outlook starts to improve, it is likely investors would continue to shun the INR. As such, we maintain our trajectory of a higher USD/INR ahead.” “Our updated forecasts are 76.00 in 3Q20, 76.50 in 4Q20, 77.00 in 1Q21 and 77.50 in 2Q21.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
