Rupee hits record low; Goldman Sachs predicts 95 per USD
after close1 source ↓written by the desknot a recommendation
- per dollar
- ₹92.62
- within a year
- ₹95
- to stabilize
- $18–20 billion
- in equity withdrawals
- $5.5 billion
The rupee fell to a record low of ₹92.62 per dollar on 18 Mar 2026, prompting Goldman Sachs to forecast a decline to ₹95 within a year. This prediction stems from a widening current account deficit and geopolitical tensions affecting oil supply. The RBI has reportedly spent $18–20 billion to stabilize the currency amid $5.5 billion in equity withdrawals by foreign investors this month. 📉
Not investment advice. For informational purposes only.