Rupee’s Recovery at Risk: Analysts Warn $115 Brent Crude Could Push CAD Toward Breaking Point
2 months ago
The Indian Rupee is navigating geopolitical friction and surging energy costs, trading near historic lows of 94.77 despite domestic growth. While the Economic Survey suggests the currency is "punching below its weight," experts warn that a sustained Brent crude price above $110 could balloon the CAD beyond the 3% threshold, making a 2026 recovery increasingly unlikely.
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