OCBC says lower oil and inflows support Indian rupee against US dollar

FXStreet··IN·Read original
2▲0 ▼1Impact / 5
Summary · why it matters

OCBC analysts Christopher Wong and Sim Moh Siong said the Indian rupee is supported by lower oil prices and strong capital inflows. They noted that the Reserve Bank of India's decision to hold the repo rate at 5.25% while lowering inflation forecasts and nudging growth higher has put India's balance of payments on track for a healthy surplus.

Impact on assets 3

Others▲ · 2 stocks
Others▼ · 1 stocks
© 2026 MarketIVNews