09 Jan 2026 | 5 Mins Read
UBS warns of ongoing challenges for the Indian rupee
Flipitmoney
The Indian rupee is expected to remain under pressure due to weak capital flows, a widening current account gap, and a recovering US dollar. UBS forecasts the dollar-rupee rate at 94 for 2026. Rohit Arora cited macro factors and large FX forward maturities as limiting appreciation. A potential trade deal could support the rupee temporarily, but gains beyond 90 are uncertain.