# Indian Rupee on slippery slope for at least a year: Sources - Business & Economy News

> A Reuters poll of currency strategists expects the rupee to remain under pressure for at least a year, weakening to about 72.00 per dollar. The forecast reflects US-China trade war uncertainty, a 135 basis point rate-cut cycle this year and fiscal worries.

- Date: 2019-12-05 · published 2019-12-05T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/55857-indian-rupee-on-slippery-slope-for-at-least-a-year-sources-business-and-economy
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A persistently weaker rupee would keep Indian import costs for feed and oilseed inputs high and could support Indian export demand for competitively priced products.

## Sources

- wionews.com: https://www.wionews.com/business-economy/indian-rupee-on-slippery-slope-for-a-year-at-least-reuters-poll-266300

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