Why the rupee’s fall may slow but volatility could rise

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RBI caps bank rupee positions to curb record rupee slide as oil surge and West Asia conflict strain India bonds, yields, and rate hike expectations.

By Anshul  March 30, 2026, 9:16:01 AM IST (Updated)

The rupee is likely to remain volatile with a stabilising bias, as a late-Friday directive by the Reserve Bank of India (RBI) is expected to trigger position unwinding even as elevated oil prices continue to weigh on sentiment.

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