Rupee Outlook: Why Quantum AMC Expects Stability Despite Dollar Strength & FII Outflows

The Indian rupee has faced pressure amid global uncertainty and foreign fund outflows, but the long-term outlook remains stable. George Thomas, Fund Manager–Equity, Quantum AMC, says India's current account deficit is far healthier than during previous crisis periods, reducing the risk of major currency stress. He also highlights the RBI's measures to attract dollar inflows and believes India's diversified market and attractive valuations support the rupee over the medium term. While foreign flows remain cyclical, he expects the currency to remain relatively stable.