# Slowing Indian economy spells tough times ahead for the rupee: Poll

> A Reuters poll found the rupee will not recoup its 2019 losses in 2020 because of a slowing economy, despite five RBI rate cuts totaling 135 basis points. Analysts also flagged fiscal slippage risk after government stimulus measures.

- Date: 2019-11-07 · published 2019-11-07T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/56366-slowing-indian-economy-spells-tough-times-ahead-for-the-rupee-poll
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Poll consensus for a weaker rupee through 2020 suggests a persistently higher local-currency cost for dollar-priced feed imports into India.

## Read by commodity

- USDINR: bullish ▲

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/economy/slowing-indian-economy-spells-tough-times-ahead-for-the-rupee-poll-4613371.html

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