Rupee hits record low; Goldman Sachs predicts 95 per USD
pre-market1 source ↓written by the desknot a recommendation
- on 18 Mar
- ₹92.62 per dollar
- further decline
- ₹95 per USD
The rupee fell to a record low of ₹92.62 per dollar on 18 Mar 2026, prompting Goldman Sachs to forecast a further decline to ₹95 per USD. This projection is driven by a widening current account deficit and geopolitical tensions affecting oil supply. The RBI has intervened with USD 18-20 billion to stabilize the market amid significant capital outflows of USD 5.5 billion from equities this month.
Not investment advice. For informational purposes only.