Tuesday, 29 September 2026Updated 2m ago
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Market move▼ Bearish for Indian equities

Rupee unlikely to breach 97 despite high crude prices and strong dollar: Naveen Mathur

1 source · first seen 12:39 29 Sept · updated 12:39 29 Sept

The brief

Written from 1 report · check the source before you trade
  • Rupee expected to stay under pressure from high crude prices and a strong dollar
  • Naveen Mathur expects the rupee to remain below 97
  • A weaker rupee and costly crude pressure import-dependent sectors, including airlines and oil marketing companies

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1 report · earliest 12:39
CNBC-TV18Rupee unlikely to breach 97 despite high crude prices and strong dollar: Naveen Mathur12:39