# Indian rupee outlook worsens on trade war, growth risks - Market News | The Financial Express

> A Reuters poll of about 50 strategists expects the rupee to weaken more than previously forecast over the next 12 months, to 70.65 per dollar from 69.23. The forecast cites slowing growth, a US-China trade war and limited portfolio inflows.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/58894-indian-rupee-outlook-worsens-on-trade-war-growth-risks-market-news-the
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the dollar cost of imported inputs for India, and risk-off sentiment from the trade war could weigh on emerging-market assets and commodity demand.

## Read by commodity

- USDINR: bullish ▲

## Sources

- financialexpress.com: https://www.financialexpress.com/market/indian-rupee-outlook-worsens-on-trade-war-growth-risks/1599426/

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