RBI Hikes Rates, Rupee Falls! What Went Wrong? | Amit Pabari Explains
By NDTV Profit
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The rupee weakened despite the RBI announcing a 25-basis-point rate hike. So why did the currency react negatively? Amit Pabari, Founder & MD of CR Forex, explains why he believes the RBI remains “behind the curve” and argues that a larger 50-bps hike could have supported the rupee. He also breaks down the impact of elevated crude oil prices, foreign portfolio outflows and the narrowing India-US interest-rate differential. Pabari explains why the ₹96.50–₹97.20 zone is crucial, why exporters should watch these levels closely, and why he expects the rupee’s depreciation to remain capped around ₹97, with the possibility of a recovery towards ₹95.50–₹95.80 in the short term. Watch the full analysis. #RBI #Rupee #RBIPolicy #RepoRate #USDINR #Forex #IndianMarkets #CrudeOil #AmitPabari #NDTVProfit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all
Tags: RBI, RBI rate hike, RBI monetary policy, RBI MPC, repo rate hike, rupee, Indian rupee, USD INR, rupee today, rupee fall, rupee depreciation, Amit Pabari, CR Forex, RBI governor, crude oil prices, Brent crude, Indian markets, Nifty, forex market, dollar rupee
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