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Rupee seen weakening to 97 per dollar by FY2026-27-end: BMI

BMI expects the rupee to weaken to ₹97 per US dollar by the end of FY2026-27, which runs from April 2026 to March 2027, and to ₹99 per dollar by the end of FY2027-28, from ₹95.4 currently

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There are expectations that the rupee's exchange rate against the dollar may deteriorate further in the future. It is noteworthy that the latest report by Fitch Solutions Company BMI states that the domestic currency may fall to record levels in the next two fiscal years.

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The Hindu Business Line broke the news in Chennai, India on Monday, August 17, 2026.
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