Inside the rupee’s 6-day slide: Why experts forecast move to 97–98 amid surging US yields
- Posted on May 19, 2026
- By Financial Express
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- 1 min read
Inside the rupee’s 6-day slide: Why experts forecast move to 97–98 amid surging US yields
The Indian rupee extended its losing streak to six straight sessions, hitting a fresh record low against the US dollar. Experts now warn the currency could weaken further towards 97–98 amid elevated crude prices and foreign outflows.
