# Here's why UBS sees no significant upside to the rupee from here- Moneycontrol.com

> UBS Securities expects the rupee to hover around 65 per dollar after a 5% gain in two months, with a year-end forecast of 70 implying weakness. Record portfolio inflows of USD 8.3 billion in March and suspected RBI intervention to slow the rally are cited.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/71782-here-s-why-ubs-sees-no-significant-upside-to-the-rupee-from-here-moneycontrol
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

UBS's view of limited upside and eventual weakness suggests the rupee's appreciation may reverse, which would make Indian dollar-priced imports more expensive over time.

## Read by commodity

- USDINR: bullish ▲

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/heres-why-ubs-sees-no-significant-upside-to-the-rupee-from-here-2252315.html

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