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Analysts Predict Rupee Could Fall to 94-95 Amid Rising Geopolitical Tensions
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Rupee May Slide to 94-95 Zone as Geopolitical Risks Intensify: Analysts
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News18
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23-03-2026, 08:42
Rupee May Slide to 94-95 Zone as Geopolitical Risks Intensify: Analysts
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Analysts predict the rupee could fall to 94-95 against the US dollar due to escalating geopolitical tensions.
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US President Donald Trump's ultimatum to Iran regarding the Strait of Hormuz raises fears of global energy supply disruptions.
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The rupee closed at a record low of 93.71 per dollar on Friday, with its trajectory tied to crude oil prices and shipping activity.
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Experts warn that if crude prices remain above $100 per barrel, the rupee could weaken to the 94-95 range.
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RBI intervention is expected to manage volatility, but further escalation could push the rupee beyond 94 per dollar.
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