Story perspectives
RBI Measures Keep Rupee Stable, Forecast Near 95.25 /USD
8/5/2026
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Story summary
- The rupee will stay in a narrow range and gain modestly versus the U.S. dollar.
- The median forecast places it near 95.25 per dollar through Jan 2027 and about 95.95 a year later.
- The rupee is down about 6 % in 2026 despite July net equity inflows from foreign investors, the first in five months.
- RBI measures have drawn over $40 billion and may attract $50 billion by year-end, with forward commitments exceeding $100 billion.
