Category: USDINR
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BofA Bullish on INR Ahead of Elections; Advises Caution on USDINR Options By Investing.com
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Investor EmpiresBank of America’s latest analysis points to a bullish outlook for the Indian Rupee (INR) as the country heads into the elections. The fundamental outlook appears strong, supported by improvement in the current account and clear debt capital flows. This optimism is reflected in Indian rupee long positions and carry…