
Indian Rupee Near ₹95.60/$: Why It Is Falling and What RBI Is Doing
Dollar demand, crude oil and RBI's FCNR(B) swap decision are shaping the rupee. Here's what changed, who is affected and what comes next.
Read the latest News4Bharat articles, explainers and updates tagged with Rupee.
9 articles
Dollar demand, crude oil and RBI's FCNR(B) swap decision are shaping the rupee. Here's what changed, who is affected and what comes next.

Crude oil hit $113 a barrel earlier this year, and India felt it in weeks. Now the question is which industry breaks first when the next spike hits, and how far the damage travels before it reaches your monthly budget.

Indian equity markets witnessed another sharp selloff on Tuesday, with the Sensex falling over 1,000 points and the Nifty slipping close to 23,500.

SBI Research has projected India’s economy to grow at 6.6% in FY2026-27, down from an estimated 7.5% in FY26. While domestic consumption, credit growth and rabi output remain supportive.

With oil prices back above a hundred dollars, a messy geopolitical standoff in West Asia showing no signs of cooling, and a central bank that can only do so much, the Indian rupee finds itself clinging to relative stability by a thread.

The Indian rupee gained nearly 0.8% on Wednesday as Brent crude oil futures dropped nearly 7% following reports of progress in U.S.-Iran peace talks.

The Indian stock market today opened on a weak note as the Sensex fell nearly 500 points and the Nifty50 slipped below 24,100, weighed down by global uncertainty and a sharp fall in the rupee.

Markets are closed tomorrow for Maharashtra Day. When they reopen on Monday, investors will face a very different world than the one that existed just seven days ago.

Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25%, signaling a measured and cautious approach in the face of rising global uncertainties, particularly tensions in West Asia.
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