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News 2026-09-28 04:12 UTC

Rupee's Likely to Slip Despite RBI Push for Stability

Rozebud Gonsalves & Atmadip Ray Mumbai |Kolkata: The rupee could grind lower to 96-97 a dollar by the end of FY27, upending central bank expectations of a potential firming in the currency's value, as persistent outflows from Indian financial assets, elevated crude oil prices, and surging global yi…