‘Empirical Link’ To China’s Yuan Hurting Indian Rupee: JPMorgan’s Brijen Puri
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee banknote in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

‘Empirical Link’ To China’s Yuan Hurting Indian Rupee: JPMorgan’s Brijen Puri

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JPMorgan expects the rupee to remain at 71 per dollar levels for the next few months as the Indian currency tracks the yuan, which has been weakening due to the ongoing U.S.-China trade war.“We’ve ...