The rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and elevated crude oil prices create additional pressure. Although the Reserve Bank of India argues for potential stabilization, economists remain skeptical of this outlook. Recent foreign exchange actions indicate ongoing depreciation pressures on the currency.
The rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and elevated crude oil prices create additional pressure. Although the Reserve Bank of India argues for potential stabilization, economists remain skeptical of this outlook. Recent foreign exchange actions indicate ongoing depreciation pressures on the currency.
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