# Weak capital inflows weigh on rupee as India’s current account deficit widens, ING says - VT Markets

> 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.

- Date: 2026-05-26 · published 2026-05-26T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/19558-weak-capital-inflows-weigh-on-rupee-as-india-s-current-account-deficit-widens
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

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.

## Read by commodity

- USDINR: bullish ▲

## Sources

- vtmarkets.com: https://www.vtmarkets.com/en-asia/live-updates/weak-capital-inflows-weigh-on-rupee-as-indias-current-account-deficit-widens-ing-says/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.