# RBI Should let Rupee appreciate: SBI Ecowrap - Asian News from UK

> An SBI Ecowrap report argues the RBI should let the rupee appreciate to reduce imported inflation while metal prices are rising. It says the US dollar is likely to stay weak and that large dollar supply will limit how much the rupee can strengthen.

- Date: 2020-11-26 · published 2020-11-26T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/50436-rbi-should-let-rupee-appreciate-sbi-ecowrap-asian-news-from-uk
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The report is an analyst recommendation rather than a policy change, so it is unlikely to move USD/INR much, though it points to a firmer rupee if the RBI follows it.

## Read by commodity

- USDINR: bearish ▼

## Sources

- asianlite.com: https://asianlite.com/2020/economy/rbi-should-let-rupee-appreciate-sbi-ecowrap/

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