# BofA joins peers in lifting rupee forecast; sees 84/USD by December

> Bank of America Global Research raised its rupee forecast to 84 per dollar by December 2025, from a prior forecast of 87. It said it was joining peers in becoming more bullish on the currency because of improving capital inflows and trade engagement.

- Date: 2025-05-22 · published 2025-05-22T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/24967-bofa-joins-peers-in-lifting-rupee-forecast-sees-84-usd-by-december
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A forecast of a firmer rupee signals expectations of lower dollar-denominated import costs for India over the coming months. The effect on feed prices is indirect and gradual.

## Read by commodity

- USDINR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/india/bofa-joins-peers-lifting-rupee-forecast-sees-84usd-by-december-2025-05-22/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.