ENA Economy 2026-04-24 16:48:36 <p><span style="font-size:14px"><strong>New Delhi, Apr 24 (KNN)</strong> Indias rupee is fundamentally undervalued, Chief Economic Adviser (CEA) V Anantha Nageswaran said, noting that current levels offer an attractive entry point for long-term investors.</span></p> <p><span style="font-size:14px">For long-term investors, the rupees current valuation provides an attractive entry point, Nageswaran said, Bloomberg reported citing an interview Thursday.</span></p> <p><span style="font-size:14px">The rupee has come under pressure this week amid rising crude prices, with Brent crude crossing USD 100 per barrel. It fell 0.3 per cent to Rs 94.11 against the dollar on Thursday, reversing gains seen after recent measures by the Reserve Bank of India (RBI) to curb speculative bets.</span></p> <p><span style="font-size:14px">The currency is the worst-performing in Asia so far in 2026, extending last years decline, as Middle East tensions disrupt energy supplies&mdash;critical for India, a major importer.</span></p> <p><strong><span style="font-size:14px">Capital Outflows Add Pressure</span></strong></p> <p><span style="font-size:14px">Heavy foreign outflows from equities have further weakened the rupee, with exits earlier this month exceeding last years record annual outflow of USD 18.79 billion.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em><br /> </p> 45916 https://knnindia.co.in/news/newsdetails/economy/rupee-undervaluation-presents-opportunity-for-investors-cea 2026-04-24 16:48:36 knnindia.co.in