Rupee likely to stabilise at 92-93 level: EAC-PM Chairman Mahendra Dev

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Rupee had precocious    crossed much  than 95 against the U.S. dollar. File

Rupee had precocious crossed much than 95 against the U.S. dollar. File | Photo Credit: Reuters

Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S. Mahendra Dev, connected Wednesday (April 8, 2026) said that Indian Rupee is expected to stabilise astatine the 92-93 level against the U.S. dollar and expressed optimism that overseas concern flows volition amended successful the adjacent aboriginal arsenic geopolitical tensions easiness and macroeconomic fundamentals stay strong.

Mr. Dev said the currency had faced unit owed to planetary uncertainties, including the caller struggle betwixt the United States and Iran, and the withdrawal of overseas organization investors (FII).

Published - April 08, 2026 05:38 p.m. IST

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