# Indian Rupee: Long-Term Strength, Short-Term Correction

> Nordea Bank analyst Amy Yuan Zhuang sees the rupee's long-term outlook supported by reforms and foreign inflows of USD 15bn year-to-date by mid-April. She expects a moderate near-term correction because the rally looks overdone, and the rupee has weakened against sterling this month.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/71786-indian-rupee-long-term-strength-short-term-correction
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

An expected rupee correction would make dollar-priced imports into India more expensive, though the effect on feed ingredient prices is small and the outlook is mainly a currency view.

## Read by commodity

- USDINR: bullish ▲

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/inr/6682-indian-rupee-exchange-rate-analysis-latest

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