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The Economic Times

Business / The Economic Times

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Rupee on a bruising ride as medium-term pressure remains severe: Anindya Banerjee

The Indian rupee is set for a turbulent period. A sharp regulatory change and a major energy shock are expected to cause an immediate slide. This will be followed by a temporary recovery. Banks have until April 10 to adjust positions. After this, a second, more significant selling pressure could emerge. High oil prices will continue to impact the economy.

30 Mar 2026 1:01 pm