03 Oct 2025 | 5 Mins Read
Indian rupee slides, central bank must act
Flipitmoney
The Indian rupee is expected to face a difficult session on Friday, with traders predicting central bank intervention to prevent hitting a new all-time low of 88.80. The 1-month non-deliverable forward indicated a flat-to-weaker opening versus the U.S. dollar. Reserve Bank of India support is containing volatility, but overall sentiment remains weak and the market wants to test the downside.