# Rupee may weaken to 68-69 levels by December 2017. Here's why | News on Markets - Business Standard

> Edelweiss expects the rupee to weaken to 68-69 per dollar by December 2017 because of global political risk and dollar strength. The brokerage says the recent rupee rally is partly frothy and may fade as inflation differentials narrow. The rupee's record low is 68.85, set in August 2013.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/72301-rupee-may-weaken-to-68-69-levels-by-december-2017-here-s-why-news-on-markets
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee would raise the local-currency cost of dollar-priced feed imports into India, but this is a forecast rather than a realized move.

## Read by commodity

- USDINR: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/rupee-may-weaken-to-68-69-a-dollar-level-by-december-here-s-why-117032700262_1.html

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