Archive · 5 Jan 2026
Indian Rupee Faces Weakening Amid Venezuela Crisis
The Indian Rupee is expected to weaken in the coming week due to persistent pressure and the ongoing crisis in Venezuela.
Alok Singh, an expert from CSB Bank, predicts it could drop to between 90.50 and 91 against the dollar.
The Reserve Bank of India (RBI) has announced some supportive measures, but the next big action is not until January 13.
Until then, the Rupee might continue to get weaker.
Indian Rupee is expected to weaken to 90.50–91 against the dollar.
Alok Singh from CSB Bank notes persistent pressure on the Rupee.
RBI has announced supportive measures but major intervention is on January 13.
The weakening trend is influenced by the Venezuela crisis.
The Rupee has been trading with a clear weakening bias in recent sessions.
- Who
- Alok Singh, Head of Treasury at CSB Bank
- What
- Indian Rupee weakening
- When
- Next major intervention on January 13
- Where
- India
- Why
- Persistent pressure and Venezuela crisis
- Currency
- Indian Rupee
- Expected Range
- 90.50–91 against the dollar
- Analyst
- Alok Singh, Head of Treasury at CSB Bank
- Supportive Measures
- Announced by RBI
- Next Major Intervention
- January 13
