Rupee Hits Record Lows: Strong Dollar, FII Outflows, Global Risk Factors Cited
CCNBC TV18•20-03-2026, 15:55
Rupee Hits Record Lows: Strong Dollar, FII Outflows, Global Risk Factors Cited
- •The Indian rupee has reached record lows, according to Naveen Mathur, Director of Commodity & Currencies at Anand Rathi Shares & Stock Brokers.
- •Key factors contributing to the rupee's depreciation include a stronger US dollar, ongoing geopolitical tensions, and significant outflows from Foreign Institutional Investors (FIIs).
- •The Reserve Bank of India (RBI) is actively intervening in the market through dollar sales and various liquidity measures.
- •Despite interventions, the RBI is allowing the rupee to adjust gradually, opting not to aggressively curb volatility.
- •Persistent inflation concerns and a general global risk-off sentiment are further exerting downward pressure on the rupee's value.
