India central bank's large rate cut squeezes forward premiums,...

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2025-06-10 05:00:15

India central bank's large rate cut squeezes forward premiums, leaves rupee vulnerable, analysts say

India central bank's large rate cut squeezes forward premiums, leaves rupee vulnerable, analysts say Nimesh Vora and Jaspreet Kalra Mon, Jun 9, 2025, 12:45 AM 2 min read By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) -The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by pressuring already depressed...

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