# USD/INR Price News: Indian rupee to drop towards 76.50 by end-2021 - Standard Chartered - Forex Crunch

> Standard Chartered's Parul Mittal Sinha expects the rupee to fall about 4% to 76.50 per dollar by end-2021, as higher oil prices and a shift to a current-account deficit weigh on it. The bank also notes that central bank FX purchases are set to slow in the coming fiscal year.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/48405-usd-inr-price-news-indian-rupee-to-drop-towards-76-50-by-end-2021-standard
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee would make dollar-priced imports, including crude oil and other commodities, more expensive for India. This is a forecast, so the near-term price effect is limited.

## Read by commodity

- USDINR: bullish ▲

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2021/03/31/usd-inr-price-news-indian-rupee-to-drop-towards-76-50-by-end-2021-standard-chartered/

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