STOCKS | Citigroup Indian Clients Expect More Rupee Weakness
2026-07-16 05:59:17
Citigroup Inc. said its Indian corporate clients expect the rupee to keep weakening and are seeking products that would let them profit from the currency's volatility, according to Bloomberg. The bank's comments point to growing demand for hedging and trading tools tied to the rupee as companies brace for further swings.
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