neutral
Recently
Rupee starts 2026 under pressure after sharp depreciation last year
India’s rupee began 2026 after its worst yearly fall in three years, weighed down by a strong dollar, foreign outflows, and global rate pressures despite central bank intervention.
The Indian rupee entered 2026 on a weak footing after recording its steepest annual decline in three years during 2025. Currency pressure stemmed from a strong US dollar, persistent foreign portfolio outflows, and elevated global interest rates. Despite intermittent central bank intervention, the rupee remained vulnerable, with traders closely tracking capital flows, crude oil prices, and global monetary policy signals.