Rupee expected to weaken despite RBI's stability efforts
The rupee is projected to weaken to ₹96-97 per dollar by FY27, countering RBI's expectations for stability. Factors like persistent asset outflows and high crude prices contribute to this outlook, despite RBI's efforts to stabilize the currency.
pre-market1 source ↓written by the desknot a recommendation
- per dollar
- ₹96-97
- since March 2025
- 13% depreciation
The rupee may decline to ₹96-97 per dollar by FY27, challenging the Reserve Bank of India's outlook for stabilization. Factors include persistent outflows from Indian assets, high crude oil prices, and rising global yields. RBI Deputy Governor Poonam Gupta noted the rupee's 13% depreciation since March 2025 may be temporary, but economists remain cautious about ongoing pressures.
Not investment advice. For informational purposes only.