# Rupee outperformance to come under pressure: Edelweiss - The HinduBusinessLine

> Edelweiss Securities forecasts USD/INR rising toward 72-73 by December 2017, arguing that rupee outperformance will fade. It cites rupee overvaluation, rising commodity prices and growing protectionism against weak exports. Near-term US weak-dollar policy could still pressure the pair lower.

- Date: 2017-02-14 · published 2017-02-14T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/72792-rupee-outperformance-to-come-under-pressure-edelweiss-the-hindubusinessline
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the local cost of dollar-priced feed ingredients imported by India. A forecast for USD/INR upside therefore points to higher landed feed costs there.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/forex/rupee-outperformance-to-come-under-pressure-edelweiss/article9541786.ece

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