SENSEX
NIFTY
GOLD
USD/INR

Weather

image 26    C

Business News

The Economic Times

Business / The Economic Times

details

Rupee at 95: Worst-case scenario of 100 moves closer; how bad is it for markets?

The Indian rupee slipped past 95 against the US dollar, driven by structural imbalances, foreign outflows, and high oil prices. RBI-imposed limits on banks forex positions aim to curb speculation and arbitrage. A further slide toward 100 could pressure import-reliant sectors and financial markets, while exporters like IT and pharma may benefit. Market experts warn the rupee remains under sustained stress.

30 Mar 2026 3:54 pm