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Rupee projected to trade in range of 85.5-87.5 per dollar in FY26
The Statesman Bhubaneswar
|April 03, 2025
The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all major currency pairs, a report showed on Wednesday.
However, towards the end of the year, a reversal in dollar strength and FPI inflows into debt supported a rally in rupee, with the domestic currency recouping as much as 2.4 per cent in a single-month alone, according to a report by Bank of Baroda (BoB).
The coming year is likely to be marked by a period of volatility, awaiting clarity on US tariff policies. This will also set the stage for the US Fed's rate actions, in turn, affecting how the dollar behaves.
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