Rupee under pressure as stalled capital inflows and costly oil bite hard

Published on 30 April 2026

RBI support may not stop another year of widening deficits

India’s rupee is facing sustained selling pressure as capital inflows remain weak while oil prices stay high, worsening the balance of payments. Even with RBI intervention, analysts expect external deficits to widen for a third straight year, shrinking policy room. With global outflows ongoing and vulnerabilities persisting, more depreciation risk looms for the currency.

Stalled capital inflows are draining support for the rupee
High oil prices are straining India’s balance of payments
RBI intervention may not prevent deficits from widening further
Analysts expect continued rupee weakness as global outflows persist

#balance of payments #capital flows #rupee #oil prices #rbi

Read the full story at The Economic Times

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

Rupee under pressure as stalled capital inflows and costly oil bite hard

The full experience is on mobile.