New Delhi, Nov. 16 -- India's currency rupee, may finally have bottomed out after a persistent weakness, according to Jefferies. In its latest GREED & fear report, the global financial services firm highlighted a "growing likelihood that the rupee has bottomed" following its months-long depreciation.

The Indian currency, Jefferies noted in the report, has been "the worst performer year to date amongst major emerging market currencies," having declined 3.4 per cent in 2025 to trade near Rs 88.7 per US dollar.

"...the rupee has bottomed after being the worst performer year to date amongst major emerging market currencies...," Jefferies' GREED & fear said, citing its 'Good news for INR: 20-year low CAD and Improving FDI' report.

Jefferies...