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fxJun 12, 2026, 7:38 AM

Commerzbank: Indian Rupee Downside Risks Limited by Policy Support

Commerzbank analysts note that the Indian Rupee has weakened sharply against the dollar in 2026 due to higher oil prices and portfolio outflows, but policy support is limiting further downside risks.

USDINR

Commerzbank analysts Charlie Lay and Moses Lim commented on the Indian Rupee's recent performance. The currency has weakened sharply against the US dollar in 2026, pressured by higher oil prices and portfolio outflows.

According to the note, policy support from Indian authorities is expected to limit downside risks for the rupee going forward. The analysts view this as a stabilizing factor for the currency.

Source: FXStreet Forex News