New Delhi, May 6 -- The Indian rupee is expected to remain stable in the range of Rs 85-87 against the US dollar through 2025, according to a recent report released by the State Bank of India (SBI).

The report highlighted several global and domestic factors that are likely to support the rupee and maintain stability in the USD/INR currency pair over the coming months.

"We expect the USD/INR pair to stabilize in the range Rs 85-87 for 2025, The domestic impact of tariffs on dollar will be visible in 2025 which will support rupee" the report noted.

SBI further pointed out that the DXY index, which tracks the strength of the US dollar against a basket of major currencies, is expected to decline as the US domestic economy adjusts to the im...