# Why the rupee is falling and crucial levels to watch: Barclays’ Mitul Kotecha explains - CNBC TV18

> Barclays strategist Mitul Kotecha said the rupee's sharp fall against the dollar, to around 91.7, reflects domestic pressures rather than a broader emerging-market trend. He pointed to over $3.4 billion of foreign equity outflows in January and continued dollar demand from importers.

- Date: 2026-01-22 · published 2026-01-22T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/21312-why-the-rupee-is-falling-and-crucial-levels-to-watch-barclays-mitul-kotecha
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Domestic dollar demand and equity outflows that push the rupee lower keep India's import bill high, which matters for buyers of dollar-priced feed inputs.

## Read by commodity

- USDINR: bullish ▲

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/why-the-rupee-is-falling-and-crucial-levels-to-watch-barclays-mitul-kotecha-explains-alpha-article-19826087.htm

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