Indian Rupee’s Undervaluation to Lure Global Funds, Analysts Say
India’s rupee is undervalued at current levels after sliding to record lows, and this could draw foreign investors back to the nation’s equities, according to Elara Capital and Yes Securities...
By Subhadip Sircar, Ashutosh Joshi · Bloomberg Markets
India’s rupee is undervalued at current levels after sliding to record lows, and this could draw foreign investors back to the nation’s equities, according to Elara Capital and Yes Securities Ltd.