EconomicIndia·Unpinned16 Oct 2026
Indian rupee forecast to decline against the dollar despite RBI interventions
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The Indian rupee faced continued depreciation pressure against the US dollar, with analysts from S&P Global Market Intelligence and Mizuho Securities forecasting the currency to reach 97–98 rupees per dollar by late 2026 and mid-2027. Despite Reserve Bank of India (RBI) Governor Sanjay Malhotra's commitment to ensuring orderly market movements through…
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