印度的卢比在2025年大幅下跌后稳定下来, India's rupee stabilized after a sharp 2025 drop, supported by strong fundamentals and domestic investment.

2025年,印度卢比可能是表现最差的新兴市场货币,根据Jefferies的说法,跌至3.4%,接近88.7。 The Indian rupee may have hit a bottom in 2025 after being the worst-performing emerging market currency, falling 3.4% to near ₹88.7, according to Jefferies. 尽管国外流出162亿美元,但到10月,国内投资者仍以420亿美元的股票共同基金流入额抵消了出售额。 Despite $16.2 billion in foreign outflows, domestic investors offset the selling with $42 billion in equity mutual fund inflows through October. 强劲的宏观基本面——包括创纪录的0.5%经常账户赤字、6 900亿美元的前期储备、不断上升的信贷和外国直接投资增长支持稳定。 Strong macro fundamentals— including a record 0.5% current account deficit, $690 billion in forex reserves, and rising credit and FDI growth—support stability. Jefferies还指出,鉴于印度在摩根斯坦利资本国际公司EM指数中所占的比重较小,如果像台湾和南朝鲜这样的AI驱动的市场削弱,印度就有可能表现得超过它。 Jefferies also noted India’s potential to outperform if AI-driven markets like Taiwan and South Korea weaken, given its smaller weight in the MSCI EM Index.