Rupee May Decline to 96-97 per Dollar by FY27 End
The Indian rupee is expected to weaken to 96-97 per US dollar by the end of fiscal year 2027 due to persistent outflows from Indian financial assets and high crude oil prices. Despite the Reserve Bank of India's efforts to stabilize the currency, economists remain doubtful. Recent foreign exchange measures reflect ongoing depreciation pressures on the rupee.
ET Markets·3h ago




