Indian rupee to appreciate to Rs 82-82.50 in FY25: CARE Ratings

The Indian rupee is expected to appreciate to about Rs 82to82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with CARE Ratings said.Chief Economist Rajini Sinha forecasts Indian rupee at Rs 83-83.50 in near term, cites geopolitical risks.