BusinessPhoto: Aaj TakAxis Bank Predicts Rupee May Fall to 102 Against US Dollar by December 2027
Axis Bank Research has forecasted a significant depreciation of the Indian rupee against the US dollar, estimating it could weaken to ₹102 by December 2027 and further to ₹106 by the end of 2028. The report maintains earlier predictions of the rupee trading between 97–100 through mid-2027. This forecast raises concerns about the potential economic impact of a currency crash in India.
Aaj Tak·


