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Standard Chartered's head of macro trading for India and South Asia forecasts the rupee will weaken about 4% to 76.5 per dollar by end-2026, the most bearish call among analysts surveyed by Bloomberg. She cites higher commodity prices, normalizing imports, rising inflation and continued central bank intervention.
A forecast of a weaker rupee implies higher costs for India's dollar-priced imports, including oil and commodities. This is an analyst view rather than a realized move, so the price impact is limited for now.
theprint.inSubhadip SircarMar 31, 2021Not 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.
