Despite short-term relief after US-India trade deal, rupee to depreciate to 92 level by end-2026: UBS report

New Delhi [India], February 5 (ANI): Indian rupee is expected to depreciate by around 2 per cent to the 92 level against the US dollar by the end of 2026, despite the short -term relief rally following the announcement of the US-India trade deal on January 3, according to a report by UBS.

The report stated that after the trade deal announcement, the rupee could temporarily strengthen to around 89 against the US d