The story so far · 3 days, October 7 to 17, 2026

Rupee forecast to weaken toward 100 per dollar

One Turn followed this story across 3 editions, from Mumbai, India on October 7, 2026. Newest first.

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  1. Reserve Bank of India raises rates for first time since 2023
  2. Reserve Bank of India raises rates for first time since 2023
  3. Rupee forecast to weaken toward 100 per dollar

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Saturday, October 17, 2026 · Day 3 · Economy · Mumbai, India

Rupee forecast to weaken toward 100 per dollar

Forecasters expect India's rupee to slide toward 100 per US dollar despite pushback from the Reserve Bank of India, whose recent moves lifted it from 96.79 back to around 95.

Sources: CNBC · See it on the globe

Thursday, October 8, 2026 · Day 2 · Economy · Mumbai, India

Reserve Bank of India raises rates for first time since 2023

India's central bank raised its benchmark repo rate by 25 basis points to 5.5%. It is the first hike since February 2023.

Why it matters: Higher borrowing costs in the world's most populous country affect loans, growth and the rupee.

Sources: France 24 · See it on the globe

Wednesday, October 7, 2026 · Day 1 · Economy · Mumbai, India

Reserve Bank of India raises rates for first time since 2023

India's central bank lifted its benchmark repo rate by 25 basis points to 5.5%, its first increase since February 2023.

Why it matters: Higher borrowing costs in the world's most populous country will affect loans, the rupee and growth across a major emerging economy.

Sources: France 24 · See it on the globe

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