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. While the RBI is focused on preventing disorderly moves rather than defending specific levels, attracting capital inflows remains crucial for currency stabilization amidst global uncertainties.
Calcutta exchange’s unlisted shares double on revival hopes
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is