By Dilip Parmar The Indian rupee managed to recover on Friday but settled with the eleventh weekly loss for the first time after 2008. The Indian currency has depreciated almost 7% against the dollar in 2022 but might not weaken further over the next few months as the market is already priced in weaker economic data and foreign fund outflows. In the week gone, spot USDINR gained 62 paise or 0.8% to 79.88, registering the biggest weekly gains since March 2022. After witnessing a parabolic up move in the last couple of months there could be some consolidation on the …
