Medium Term Prospects for Rupee Look All Right, Says StanChart's Devesh

The video discusses the impact of state elections and the resignation of the RBI governor on the Indian Rupee (INR) and market dynamics. It highlights the short-term challenges and potential opportunities for the INR, considering factors like oil prices and central bank independence. The discussion also touches on the importance of the new RBI governor's appointment and its implications for market confidence.

How might the state election results impact investor sentiment towards the rupee?

What are the medium-term prospects for the rupee according to the analysis provided?

In what ways could the current oil prices influence the balance of payments for the rupee?

What factors should be considered when evaluating the performance of the rupee in the near term?

What implications does the resignation of the RBI governor have on central bank independence?