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Rupee set to slide again as dollar demand and FPI outflows collide

Economy
Published on 27 April 2026
Rupee set to slide again as dollar demand and FPI outflows collide

RBI intervened, but traders expect a weaker open

The Indian rupee is expected to weaken further this week, snapping its recent stable range. Strong dollar demand, higher oil import costs, and steady foreign portfolio investor outflows are increasing selling pressure. Even with Reserve Bank of India intervention, markets anticipate the currency will open significantly weaker, keeping downward momentum in focus.

  • Dollar demand is strengthening, raising pressure on the rupee
  • Oil import costs are likely to worsen the balance
  • Foreign investors continue withdrawing funds steadily
  • RBI support may not stop a weaker market opening
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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