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Rupee, bond may face more headwinds
Business Standard
|January 05, 2026
Dollar demand, lingering geopolitical concerns may weigh on currency
The rupee is likely to open on a weak note on Monday, weighed down by persistent dollar demand by domestic market participants and lingering geopolitical concerns, dealers said.
Short positions remain elevated, with traders continuing to buy dollars only after a brief bout of selling in the previous session. Uncertainty over global developments, including potential disruptions to India’s oil imports from Venezuela, has also dampened sentiment.
Market participants expect the currency to trade in the 90-90.5 per dollar range.
The local currency settled at 90.21 per dollar on Friday.
Bu hikaye Business Standard dergisinin January 05, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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