The Indian Rupee could gradually weaken and move towards the psychological level of 90 per US dollar by March 2026, according to a report by Union Bank of India. The bank said the currency’s trajectory will continue to be shaped by both fundamental and technical factors, with the broader depreciation trend likely to persist over the next year. “By March 2026, fundamentally, we continue to see USD/INR inching towards psychological threshold of $90 levels,” the report stated. On the technical front, the bank noted that the Rupee could strengthen if there are sustained equity inflows into Indian markets or if the India–US trade talks make concrete progress. In that case, the currency may move towards Rs 87.80 per dollar, while Rs 88.30 per dollar would act as a key intermediate suppor

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