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Dollar demand, FPI outflows, oil prices to weigh on rupee
April 27, 2026
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Posted 2 hours ago by
The Indian rupee is anticipated to decline further this week, breaking its recent stable trading band. Strong dollar demand, rising oil import costs, and consistent foreign investor withdrawals are pressuring the currency. Despite the Reserve Bank of India's interventions, the rupee is expected to open significantly weaker on Monday, signaling continued downward pressure.
Economic Times
Coverage and analysis from India. All insights are generated by our AI narrative analysis engine.
India
Bias: center
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