Ukraine invasion: SBI expects rupee at low of 77.5, CAD at 3.5% if oil boilsNews India (All States)

SBI's group chief economic adviser expects the Indian rupee to plummet to a new low of 77.5 against the dollar by June, however, marginal improvement to 77 is seen by Dec-end..Ghosh pointed out some impact of wild see-sawing of crude oil prices on current account deficit (CAD), inflation, and GDP.

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