# India to seek weaker rupee to shield growth: Deutsche Bank - Almaghrib Today

> Deutsche Bank expects the rupee to weaken past 70 per dollar this year as the Reserve Bank of India leans against real appreciation. The analysts also expect the central bank to buy dollars to rebuild reserves.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/73252-india-to-seek-weaker-rupee-to-shield-growth-deutsche-bank-almaghrib-today
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee would make Indian exports more competitive, but the forecast has little direct bearing on feed commodity prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- almaghribtoday.net: https://www.almaghribtoday.net/en/90/india-to-seek-weaker-rupee-to-shield-growth-deutsche-bank-173632

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