Our view is that probably the worst of the tariffs we saw on April 2nd and from here tariffs are going to get a little more sane. We will see a lot of deals happening and so maybe four months later we will find that the tariff is not as bothersome, but in spite of that probably you are seeing a global economy which is going to slow down.
Rupee at risk? BOP pressure, oil shock and capital flows hold the key, says Rahul Bajoria
The Indian rupee faces potential weakening to 94 against the US dollar by mid-2026 due to rising oil prices and a widening current account deficit.
April 9, 2026