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ING expects India's current account deficit to widen to about 2.1% of GDP in 2026 from about 0.5% in 2025, mainly due to higher oil prices. Foreign portfolio investors have been net sellers for three straight months, with over $4 billion pulled out in May, and USD/INR is trading near 94.20.
Weak capital inflows, not a domestic crisis, are the main pressure on the rupee, and ING forecasts a stabilisation near 95.50 by year-end. Buyers should note the currency may stay volatile even if oil eases.
vtmarkets.comMay 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
