Rupee to trade around 95/USD by Dec 2026

Wed, 06 May 2026

11:41

The Indian Rupee is likely to trade broadly sideways at around Rs 95 per US dollar by end-2026, from its current level of Rs 95.20 per US dollar, with the Iran conflict expected to weigh on its value, BMI said on Wednesday.

However, slowing profit repatriation and central bank currency intervention will limit the pace of rupee depreciation, the Fitch group company said in a report.

The US-Iran conflict has exerted downward pressure on emerging market currencies, especially for large energy importers like India. The rupee depreciated 4 per cent during March-April 2026 and currently trades at Rs 95.20/USD. -- PTI

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