Nomura forecasts Indian Rupee to strengthen to 84 per US Dollar by 2025 on investment inflows.

Nomura, a leading financial institution, has forecasted a stronger Indian Rupee compared to the US Dollar by December 2025, predicting a value of 84 Rupees per dollar. This optimistic outlook is primarily fueled by expectations of a weaker dollar index and substantial investment inflows into India, positioning the country as a favored destination for investors. Additionally, the Rupee is set to benefit from the Reserve Bank of India’s strategic dollar purchases, further bolstering its value in the forex market. This forecast underscores the potential for a positive trajectory in India’s currency valuation over the next few years, signaling encouraging prospects for the country’s economic landscape.

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