# USD/INR: Why rupee may not weaken substantially even when Fed begins tapering

> CLSA expects the Indian rupee to trade in a stable range of Rs73 to 76.50 per dollar over 2022-23. The brokerage argues that high foreign exchange reserves will limit depreciation even if the Fed begins tapering its stimulus. It expects annual rupee depreciation to slow to about 2% from 5.2% in 2013-20.

- Date: 2021-09-20 · published 2021-09-20T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/45342-usd-inr-why-rupee-may-not-weaken-substantially-even-when-fed-begins-tapering
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stable rupee outlook reduces currency-driven volatility in Indian feed import costs. Buyers can plan procurement with less exchange-rate risk than during past taper episodes.

## Read by commodity

- USDINR: neutral

## Sources

- 5paisa.com: https://www.5paisa.com/news/usdinr-why-rupee-may-not-weaken-substantially-even-when-fed-begins-tapering

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