Rupee Steady Ahead of GDP Update

2026-02-27 05:48 By Mariene Camarillo 1 min. read

The Indian rupee held steady at around 90.9 per dollar, pausing its losses from the previous sessions as investors assessed new economic data and ongoing central bank interventions.

Market participants remained cautious ahead of the release of India’s updated GDP framework, which is expected to revise the country’s growth metrics.

The government is updating the GDP base year to 2022-23 from 2011-12, with advance estimates suggesting 7.6% growth this fiscal year, up from the previous 7.4%.

The revision gives greater weight to fast-growing sectors like the digital economy and gig work, while reducing emphasis on agriculture and informal manufacturing.

Economists highlight that the updated GDP series will be pivotal for future policy decisions, with the Reserve Bank of India likely to maintain a growth-supportive stance depending on insights from the revised data.



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