India in much better situation to manage current currency challenges: Bank of Baroda

New Delhi [India], November 18 (ANI): The Indian rupee is expected to remain under pressure in the near term, trading in a range of 84-84.5 per US dollar, according to a report by Bank of Baroda.

The report attributed the weakness in the rupee to two key factors which includes the foreign portfolio investor (FPI) outflows and the strengthening of the US dollar.

It said "Indian rupee is likely to remain under pressure in t