Indian rupee at risk of steeper losses, bonds to react to liquidity and growth data
MUMBAI, Nov 24 (Reuters) – The Indian rupee is likely to face further depreciation pressure this week, with traders eyeing a move toward 90 per U.S. dollar in the absence of firm central bank intervention, while bond yields will track liquidity movements and local growth data. The rupee slumped to a record low of 89.49 per dollar on Friday, down 0.8% for the week. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here. A bout of portfolio outflows, uncertainty over a U.S.-India trade deal, and a pullback