Forex

Rupee at 95/$? Why This Forecast Is Making Markets Nervous

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Rupee at 95/$? Why This Forecast Is Making Markets Nervous

The rupee near 95 per US dollar is no longer just a scary forecast; it has already become a market reality. Reuters reported that the Indian currency touched a record low of 95.4325 per dollar before recovering slightly, while another report said it firmed to 95.0725 on May 6, 2026 after oil prices cooled and … Read more

RBI’s New Rupee Defence: Can Foreign Bonds Stop Currency Pressure?

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RBI’s New Rupee Defence: Can Foreign Bonds Stop Currency Pressure?

The Reserve Bank of India is reportedly considering allowing state-run banks to issue foreign-currency bonds to attract dollar inflows and support the rupee. The proposal is still at an early stage and may involve bonds with around five-year maturities, according to reports. This matters because the rupee has been under heavy pressure, and ordinary intervention … Read more