Rupee Likely To Strengthen Marginally Against Dollar Next Year: Report

The domestic unit may strengthen marginally against the US dollar next year. According to a recent report titled 'Ecoscope - India's Quarterly Economic Outlook' released by Motilal Oswal, the country has posted its first quarterly current account surplus in 13 years and expected to post a first annual surplus in 17 years in the financial year 2021-22. This is a result of a sharp contraction in domestic economic activity, a crash in c...