Rupee may breach 98 in 2026 amid volatility, warns Bernstein
after close1 source ↓written by the desknot a recommendation
- rupee could breach
- 98 this year
- a slide
- 110
- economic growth
- 3–4 years
- against the dollar
- ₹94.05
The Indian rupee could breach 98 this year, with a bear case projecting a slide to 110. Bernstein highlights that ongoing volatility may set back economic growth by 3–4 years, undermining anticipated rate cuts and growth measures for 2026. The rupee closed at a record low of ₹94.05 against the dollar, marking three days of decline.
Not investment advice. For informational purposes only.