{"id":45114,"date":"2025-11-11T11:34:55","date_gmt":"2025-11-11T11:34:55","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/11\/usd-inr-forecast-as-ing-bank-predicts-an-indian-rupee-rebound\/"},"modified":"2025-11-11T11:34:55","modified_gmt":"2025-11-11T11:34:55","slug":"usd-inr-forecast-as-ing-bank-predicts-an-indian-rupee-rebound","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/11\/usd-inr-forecast-as-ing-bank-predicts-an-indian-rupee-rebound\/","title":{"rendered":"USD\/INR forecast as ING Bank predicts an Indian rupee rebound"},"content":{"rendered":"
<\/div>\n

The Indian rupee remained near its all-time low this week, even as odds of a trade deal between the United States and India rose. The USD\/INR pair was trading at 88.70 today, a few points below the record high of 88.87. It has jumped by 5.90% from its lowest level this year.<\/p>\n

Analysts are bullish on the Indian rupee <\/h2>\n

Some analysts are highly bullish on the Indian rupee as odds of a sustained trade deal between the US and India rose. In a statement on Tuesday, Donald Trump confirmed that the two sides would reach a fair trade deal<\/a> with the fifth biggest economy in the world soon.<\/p>\n

As a result, analysts at ING Bank predicted that the relatively cheap rupee will stage a strong rebound. The bank sees the USD\/INR exchange rate moving from the current 88.90 to 87 at the end of 2026, a 2% increase from the current level.<\/p>\n

ING believes that the catalyst will be the deal with the US and the fact that it has become a highly undervalued currency. It has become the second-worst-performing currency in Asia this year after the Indonesian rupiah. The bank said<\/a>: <\/p>\n

\u201cIndia remains the standout among high-yielders: fundamentals are solid, fiscal risks are contained, and supply chain diversification continues to attract investment.\u201d<\/p>\n

India and the United States are going through a rough patch because of Donald Trump’s tariff policy. The US has imposed a 50% tariff on Indian goods. A part of the tariff is based on the reciprocal levy, while the rest is because India purchases Russian oil.<\/p>\n

On top of this, the US has added the H1-B visa fee from below $300 to $100,000, a move aimed at preventing more workers from coming to the United States. While the policy applies to all countries, India is at a significant risk as it accounts for 70% of the recipients.<\/p>\n

Therefore, a deal between the two countries may help to boost the performance of the Indian rupee in the near term.<\/p>\n

The other potential catalyst for the Indian rupee is the carry trade opportunity, where investors borrow from a low-yielding country to a higher-yielding one. <\/p>\n

A good example of this is the fact that Indian bond yields are soaring, which is attracting American foreign investors. Data shows that global funds bought $631 million (55.5 billion rupees) of government debt last week, up from the previous 1.21 billion.<\/p>\n

USD\/INR technical analysis <\/h2>\n
USD\/INR chart | Source: TradingView<\/figcaption><\/figure>\n

The daily timeframe chart shows that the USD\/INR exchange rate has been in an uptrend in the past few months and is now hovering near its all-time high.<\/p>\n

It remains above all moving averages, a sign that bulls remain in control. However, the pair has also formed a double-top pattern at 88.87 and a neckline at 87.61.<\/p>\n

Therefore, the pair will likely have a bearish breakout, potentially to the psychological level at 88 in the near term.<\/p>\n

The post USD\/INR forecast as ING Bank predicts an Indian rupee rebound<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Indian rupee remained near its all-time low this week, even as odds of a trade deal between the United States and India rose. The USD\/INR pair was trading at 88.70 today, a few points below the record high of 88.87. It has jumped by 5.90% from its lowest level this year. Analysts are bullish <\/p>\n","protected":false},"author":1,"featured_media":45115,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45114","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=45114"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/45115"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=45114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=45114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=45114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}