RBI measures support rupee, but global risks persist
after close1 source ↓written by the desknot a recommendation
- in H1 FY27
- 93-95 range
Recent interventions by the RBI have eased pressure on the Indian rupee, with the USD-INR pair expected to stay in the 93-95 range in H1 FY27. However, anticipated US rate hikes in H2 could reignite stress on emerging market currencies, limiting rupee appreciation. Policymakers are employing a three-track strategy to stabilize the currency.
Not investment advice. For informational purposes only.