# Rupee likely to resume slide as foreign outflows keep pressure on currency

> A Reuters poll of 37 FX strategists expects the rupee, trading near 94.70 per dollar, to weaken to 96.00 by end-January and 96.33 by end-April. Record foreign investor outflows and higher oil prices are cited as persistent pressures despite RBI intervention.

- Date: 2026-11-04 · published 2026-11-04T12:09:35.679Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/79632-rupee-likely-to-resume-slide-as-foreign-outflows-keep-pressure-on-currency
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker rupee raises India's import costs for oil and fertiliser and can sustain Indian demand for dollar-priced commodities while making Indian exports cheaper.

## Read by commodity

- WTI: neutral
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-05-10 | [Rupee near all-time low: What's wrong with the currency? Can it fall more? \| Stock Market News](https://feedsoft.ai/events/41690-rupee-near-all-time-low-what-s-wrong-with-the-currency-can-it-fall-more-stock.md) | +10.7% | +15.9% |
| WTI | 2020-09-30 | [Arab News \| Oil prices ‘likely to remain static despite output cuts’](https://feedsoft.ai/events/51279-arab-news-oil-prices-likely-to-remain-static-despite-output-cuts.md) | +3.7% | +0.8% |
| WTI | 2023-12-01 | [Rupee closes at new low of 83.39/$; worst performer among Asian currencies](https://feedsoft.ai/events/33468-rupee-closes-at-new-low-of-83-39-worst-performer-among-asian-currencies.md) | -8.8% | -5.2% |
| WTI | 2022-05-31 | [Rupee plunges to all-time low of 77.71 against dollar as U.S. Treasury yields spike](https://feedsoft.ai/events/41685-rupee-plunges-to-all-time-low-of-77-71-against-dollar-as-u-s-treasury-yields.md) | +3.0% | -1.7% |
| WTI | 2017-12-01 | [Crude oil prices to be under pressure in first half of 2018: S&P](https://feedsoft.ai/events/67647-crude-oil-prices-to-be-under-pressure-in-first-half-of-2018-s-and-p.md) | -1.5% | +5.3% |

## Sources

- business-standard.com: https://www.business-standard.com/finance/news/rupee-likely-to-resume-slide-as-foreign-outflows-keep-pressure-on-currency-126110400926_1.html

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