Rupee outlook volatile after record low against dollar
pre-market1 source ↓written by the desknot a recommendation
The Indian rupee hit a record low of ₹92 against the US dollar, prompting forecasts of continued volatility. Factors include sustained foreign portfolio outflows and elevated dollar demand from importers. DBS Bank warns of further depreciation to ₹93–94 by 2026 if capital inflows do not improve. 📉
Not investment advice. For informational purposes only.