15 Jan 2026 | 5 Mins Read
Citi bankers see rupee as oversold
Flipitmoney
Top Citibank bankers predict India's equity capital market (ECM) to remain robust in 2026 with a $15-$20 billion IPO market and high-profile transactions. The rupee, oversold due to US tariff uncertainty, is expected to regain losses in 2026 with clarity on tariffs and upcoming ECB guidelines from the RBI, suggesting a possible rebound to Rs 91 per dollar.