Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Revaluation at 12-year low on FPI outflows, war effect
Financial Express Bengaluru
|April 25, 2026
UNDERVALUATION EXPECTED TO PERSIST: MARKET PARTICIPANTS
THE RUPEE'S ONGOING depreciation, fuelled by geopolitical tensions and sustained capital outflows, keeps it trading in an undervalued zone.
The real effective exchange rate (REER) fell further to 92.72 in March from 93.99 in February, the lowest level in 12 years, the Reserve Bank of India’s latest bulletin showed. REER is a weighted index that compares a country’s currency against a basket of 40 foreign currencies, adjusted for inflation. A REER close to 100 indicates that the rupee is fairly valued. In March 2025, REER stood at 101.72. Since August 2025, REER has stayed below $100.
This story is from the April 25, 2026 edition of Financial Express Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Bengaluru
Financial Express Bengaluru
Mahindra Holidays to buy Aditatva Estates
MAHINDRA HOLIDAYS & Resorts India is set to acquire 100% stake Aditatva Estates, which is engaged in coffee planta-
1 min
April 28, 2026
Financial Express Bengaluru
Freight surge & coal shock push steel prices up 6%
A SHARP SPIKE in freight rates, supply disruptions in Australia and rising fuel costs linked to the West Asia crisis have converged to push up coking coal prices
1 mins
April 28, 2026
Financial Express Bengaluru
JSW to open showrooms ahead of car launch this yr
THE JSW GROUP is set to enter the Indian passenger vehicle market later this year, beginning with a handful of company-owned showrooms ahead of the launch of its first car — possibly an SUV featuring plugin hybrid technology.
1 min
April 28, 2026
Financial Express Bengaluru
China's focus is on US, not Iran
CONTEMPORARY RIVALRY IS CHARACTERISED BY SIMULTANEOUS COMPETITION AND INTERDEPENDENCE
4 mins
April 28, 2026
Financial Express Bengaluru
FY27 fertiliser subsidy may exceed BE by ₹35,000 crore
Officials say soil nutrient stocks of 19 MT comfortable
1 mins
April 28, 2026
Financial Express Bengaluru
Individual exposures of ₹10 cr to get lower risk weight relief
INDIVIDUAL EXPOSURES OF up to ₹10 crore will be able to take benefit of lower risk weights as the Reserve Bank of India (RBI) upped the threshold from the earlier ₹7.5 crore on Monday in the final guidelines on capital charges.
1 min
April 28, 2026
Financial Express Bengaluru
Togo-flagged tanker with 12 Indian crew hit by Iran
A TOGO-FLAGGED CHEMICAL tanker carrying Indian seafarers was intercepted by the Iranian coast guard near the Strait of Hormuz, with warning shots fired, even as officials confirmed that all crew members are safe.
1 min
April 28, 2026
Financial Express Bengaluru
Infrastructure is shaping Pune's residential landscape
PUNE HAS ALWAYS been known as a city that offers both opportunity and quality of life.
2 mins
April 28, 2026
Financial Express Bengaluru
Pune METRO RAIL growth
The Metro is proving to be a game changer, easing traffic woes and providing daily relief to lakhs of commuters
2 mins
April 28, 2026
Financial Express Bengaluru
Ruchir Sharma to be guest at Express Adda
ACE GLOBAL INVESTOR, fund manager and bestselling author Ruchir Sharma will be the guest at Express Adda in Mumbai on Tuesday — an interaction that comes at a time when the West Asia conflict has changed the course of the global economy.
2 mins
April 28, 2026
Listen
Translate
Change font size