{"id":59763,"date":"2026-08-15T11:03:06","date_gmt":"2026-08-15T11:03:06","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/"},"modified":"2026-08-15T11:03:06","modified_gmt":"2026-08-15T11:03:06","slug":"rupee-may-drop-to-near-84-usd-rbi-intervention-likely","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/","title":{"rendered":"Rupee may drop to near 84\/USD; RBI intervention likely"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Key points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Rupee expected to open at 83.97-83.99 against the U.S. dollar.<\/li>\n\n\n\n<li>Reserve Bank of India likely to intervene to stabilize the rupee.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p class=\"wp-block-paragraph\">The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday&#8217;s close and lifetime low of 83.8450.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2024\/08\/USDINR-6Aug-1024x462.jpeg\" alt=\"A candlestick chart representing the XAU\/USD currency pair on a 15-minute timeframe with a trend of -0.55%. The chart shows an open price of 2441.74, close price of 2428.40, high of 2458.79, and low of 2413.96. Moving Averages (5, 10, 20, 30) are displayed, with the current price indicated at 2428.40. The MACD (12, 26, 9) below the chart reflects the trend direction with histogram bars and signal lines. The volume bars indicate the trading volume for each period, providing insights into market activity.\" class=\"wp-image-14464\" style=\"width:1450px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Picture: Indian rupee trading at 84.031 on the <a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overnight, the 1-month dollar\/rupee NDF (INR1MNDFOR=) climbed to 84.25, driven by concerns over the unwinding of the Japanese yen carry trade. However, it retraced some of its gains and was last seen at 83.06\/83.08.<\/p>\n\n\n\n<h1 class=\"wp-block-heading has-medium-font-size\"><strong>Rupee&#8217;s losses mitigated by RBI intervention amid dollar pressur<\/strong>e<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The upward pressure on the dollar\/rupee in the NDF market and broadly is evident. The rupee&#8217;s losses on Monday would have been more pronounced if not for the Reserve Bank of India&#8217;s (RBI) dollar sales in the onshore over-the-counter (OTC) market. In the OTC market, traders have the comfort of knowing the RBI may intervene, unlike in the NDF market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Historically, the RBI has intervened in the NDF market just before the onshore OTC opens to cool off the dollar\/rupee spot rate. Such intervention is likely again today.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Asian markets rebound as U.S. recession fears ease<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vtmarkets.com\/analysis\/rupee-edges-higher-with-asian-peers-forward-premiums-increase\/\">Asian shares showed recovery from Monday&#8217;s selloff<\/a>, which was driven by fears of a U.S. recession. Japan&#8217;s equity gauge rose about 10%, U.S. equity futures advanced, and Indian equities were set to open higher.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Risk assets found support from reassuring comments by a Federal Reserve official, who stated that <a href=\"https:\/\/x.com\/economics\/status\/1819357090764181552\">a weak July jobs report<\/a> did not indicate a recession. Additionally, robust U.S. services data added to the positive sentiment.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US hiring slowed by more than forecast in July and the unemployment rate rose to the highest level in nearly three years, suggesting the labor market is cooling faster than other data suggest. <a href=\"https:\/\/t.co\/yDHx6IcNDX\">https:\/\/t.co\/yDHx6IcNDX<\/a><\/p>&mdash; Bloomberg Economics (@economics) <a href=\"https:\/\/x.com\/economics\/status\/1819357090764181552?ref_src=twsrc%5Etfw\">August 2, 2024<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Signs of economic stabilisation reduce expected Fed rate cuts<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Stabilisation signs are emerging as the U.S. services report suggests the economy is growing, adding jobs, and maintaining inflation above target. Investors are now pricing in 110 basis points of rate cuts by the U.S. Federal Reserve this year, down from 125 basis points at one point on Monday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The<a href=\"https:\/\/www.vtmarkets.com\/analysis\/us-dollar-index-loses-strength-as-fed-rate-cut-expectations-grow\/\"> dollar index (DXY) is down<\/a> to 102.79, while Brent crude futures are up 1.3% at $77.3 per barrel. The ten-year U.S. note yield stands at 3.84%. In terms of foreign investments, data from NSDL indicates that foreign investors sold a net $402.1 million worth of Indian shares on August 2, while they bought a net $230.4 million worth of Indian bonds on the same date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Start trading now \u2014 click <\/strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\"><strong>here<\/strong><\/a><strong> to create your live VT Markets account.<\/strong><\/p>\n\r\n\n\n\n<p class=\"wp-block-paragraph\"><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-ca\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>\n\n<!-- vt-src:14463 -->","protected":false},"excerpt":{"rendered":"<p>The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday&#8217;s close and lifetime low of 83.8450.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-59763","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday&#039;s close and lifetime low of 83.8450.\" \/>\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO Pro (AIOSEO) 5.0.1\" \/>\n\n\t\t<script type=\"text\/javascript\"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); <\/script>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"VT Markets -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets\" \/>\n\t\t<meta property=\"og:description\" content=\"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday&#039;s close and lifetime low of 83.8450.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-08-15T11:03:06+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-08-15T11:03:06+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vtmarketsglobal\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:site\" content=\"@vtmarketsglobal\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets\" \/>\n\t\t<meta name=\"twitter:description\" content=\"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday&#039;s close and lifetime low of 83.8450.\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@vtmarketsglobal\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"position\":2,\"name\":\"Today's Analysis\",\"item\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#listItem\",\"name\":\"Rupee may drop to near 84\\\/USD; RBI intervention likely\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#listItem\",\"position\":3,\"name\":\"Rupee may drop to near 84\\\/USD; RBI intervention likely\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/category\\\/analysis\\\/#listItem\",\"name\":\"Today's Analysis\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\",\"name\":\"VT Markets\",\"description\":\"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"telephone\":\"+27101412968\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vtmarketsglobal\\\/\",\"https:\\\/\\\/x.com\\\/vtmarketsglobal\",\"https:\\\/\\\/www.instagram.com\\\/vtmarkets\\\/\",\"https:\\\/\\\/www.tiktok.com\\\/@vtmarketsglobal\",\"https:\\\/\\\/youtube.com\\\/@vtmarkets\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/vt-markets\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/\",\"name\":\"josephine\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"josephine\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#webpage\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/\",\"name\":\"Rupee may drop to near 84\\\/USD; RBI intervention likely - VT Markets\",\"description\":\"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday's close and lifetime low of 83.8450.\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/analysis\\\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/author\\\/josephine\\\/#author\"},\"datePublished\":\"2026-08-15T11:03:06+00:00\",\"dateModified\":\"2026-08-15T11:03:06+00:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/\",\"name\":\"VT Markets\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.vtmarkets.com\\\/en-ca\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO Pro -->\r\n\t\t<title>Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets<\/title>\n\n","aioseo_head_json":{"title":"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets","description":"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday's close and lifetime low of 83.8450.","canonical_url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/","robots":"max-snippet:-1, max-image-preview:large, max-video-preview:-1","keywords":"","webmasterTools":{"miscellaneous":"&lt;script type=\"text\/javascript\"&gt; (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src=\"https:\/\/www.clarity.ms\/tag\/\"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, \"clarity\", \"script\", \"hvd42hy9tt\"); &lt;\/script&gt;"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","position":1,"name":"Home","item":"https:\/\/www.vtmarkets.com\/en-ca","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","position":2,"name":"Today's Analysis","item":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/","nextItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#listItem","name":"Rupee may drop to near 84\/USD; RBI intervention likely"},"previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#listItem","position":3,"name":"Rupee may drop to near 84\/USD; RBI intervention likely","previousItem":{"@type":"ListItem","@id":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/#listItem","name":"Today's Analysis"}}]},{"@type":"Organization","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization","name":"VT Markets","description":"Trading Made Easy. VT Markets is a reputable online broker making a strong offering for global traders interested in forex, CFDs, stocks, cryptocurrencies, and more, backed by solid regulatory oversight and comprehensive trading platforms. Its broad asset coverage and efficient trade execution, combined with educational and analytical resources, make it suitable for traders at different experience levels, particularly those looking for versatility and accessibility in global markets","url":"https:\/\/www.vtmarkets.com\/en-ca\/","telephone":"+27101412968","sameAs":["https:\/\/www.facebook.com\/vtmarketsglobal\/","https:\/\/x.com\/vtmarketsglobal","https:\/\/www.instagram.com\/vtmarkets\/","https:\/\/www.tiktok.com\/@vtmarketsglobal","https:\/\/youtube.com\/@vtmarkets","https:\/\/www.linkedin.com\/company\/vt-markets\/"]},{"@type":"Person","@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author","url":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/","name":"josephine","image":{"@type":"ImageObject","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/7809ddd0668c6cd297bde70914f1903a959aa8d1a194930855d6c5b37e53a6f0?s=96&d=mm&r=g","width":96,"height":96,"caption":"josephine"}},{"@type":"WebPage","@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#webpage","url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/","name":"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets","description":"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday's close and lifetime low of 83.8450.","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website"},"breadcrumb":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/#breadcrumblist"},"author":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"creator":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/author\/josephine\/#author"},"datePublished":"2026-08-15T11:03:06+00:00","dateModified":"2026-08-15T11:03:06+00:00"},{"@type":"WebSite","@id":"https:\/\/www.vtmarkets.com\/en-ca\/#website","url":"https:\/\/www.vtmarkets.com\/en-ca\/","name":"VT Markets","inLanguage":"en-US","publisher":{"@id":"https:\/\/www.vtmarkets.com\/en-ca\/#organization"}}]},"og:locale":"en_US","og:site_name":"VT Markets -","og:type":"article","og:title":"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets","og:description":"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday's close and lifetime low of 83.8450.","og:url":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/","article:published_time":"2026-08-15T11:03:06+00:00","article:modified_time":"2026-08-15T11:03:06+00:00","article:publisher":"https:\/\/www.facebook.com\/vtmarketsglobal\/","twitter:card":"summary_large_image","twitter:site":"@vtmarketsglobal","twitter:title":"Rupee may drop to near 84\/USD; RBI intervention likely - VT Markets","twitter:description":"The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday's close and lifetime low of 83.8450.","twitter:creator":"@vtmarketsglobal"},"aioseo_meta_data":{"post_id":"59763","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_custom_url":null,"og_image_custom_fields":null,"og_custom_image_width":null,"og_custom_image_height":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"none","tabs":null,"priority":null,"frequency":null,"local_seo":null,"created":"2026-08-15 11:03:07","updated":"2026-08-15 11:03:07"},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\" title=\"Home\">Home<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t<a href=\"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/\" title=\"Today&apos;s Analysis\">Today's Analysis<\/a>\n<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\tRupee may drop to near 84\/USD; RBI intervention likely\n<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.vtmarkets.com\/en-ca"},{"label":"Today's Analysis","link":"https:\/\/www.vtmarkets.com\/en-ca\/category\/analysis\/"},{"label":"Rupee may drop to near 84\/USD; RBI intervention likely","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/rupee-may-drop-to-near-84-usd-rbi-intervention-likely\/"}],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=59763"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/59763\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=59763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=59763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=59763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}