Rupee's Depreciation Will Continues Into 2024: Gambhir

The video discusses the expected depreciation of the Indian rupee in 2024 due to a wider current account deficit and weak capital inflows. It examines the impact of global currencies like the dollar and yuan on the rupee, and the potential effects of China's reopening on foreign direct investment. The Reserve Bank of India's management of currency reserves and its terminal rate policy are also analyzed, with expectations of a mild rate hike in February.

What factors are contributing to the expected depreciation of the rupee into 2024?

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How has the Reserve Bank of India managed the pace of rupee depreciation over the last year?

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What impact does the reopening of China have on the Indian rupee according to the discussion?

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Discuss the potential effects of capital outflows on the rupee's value as mentioned in the text.

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What is the expected terminal rate for the RBI and what factors influence this expectation?

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