Rupee’s steep fall: Are India’s macro fundamentals strong enough to withstand global shocks?

March 27, 2026
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Amid a raging war in West Asia, India’s growth envisaged for FY27 remains hardwired at 7%+. GoI and RBI have shown acumen and coordination since 2020. The question now is whether the current value of rupee correctly reflects India’s macro fundamentals.

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