Indian Rupee Declines Again After RBI Rate Cut: Negative Trend Continues
Written by Emily J. Thompson, Senior Investment Analyst
Source: InvestingliveForex
Updated: 1 hour ago0mins
RBI Rate Cut: The Reserve Bank of India (RBI) cut the repo rate by 25 basis points, indicating potential for further easing due to record low inflation.
Market Intervention: Governor Malhotra suggested a reduction in the RBI's market intervention to address rupee depreciation, acknowledging that such efforts are often ineffective against unfavorable fundamentals.
Currency Trends: The USD/INR pair has shown recent fluctuations, bouncing off the 89.70 support level after the rate cut, with a resistance zone forming around 90.00.
Future Projections: A break above the 90.00 resistance could lead to new all-time highs for the USD/INR, while a drop below 89.70 may result in a deeper pullback towards 89.00.
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Intellectia
Analyst Views on INR
Wall Street analysts forecast INR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INR is 20.43 USD with a low forecast of 17.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 14.330
Low
17.00
Averages
20.43
High
26.00
Current: 14.330
Low
17.00
Averages
20.43
High
26.00
KeyBanc
Overweight
downgrade
$22 -> $19
2025-11-12
Reason
KeyBanc
Price Target
$22 -> $19
2025-11-12
downgrade
Overweight
Reason
KeyBanc lowered the firm's price target on Infinity Natural Resources to $19 from $22 and keeps an Overweight rating on the shares. After digesting overall strong earnings and another quarter of measured responses on the company's earnings call, the firm increases EBITDA estimates through 2027. Despite the stronger earnings outlook, KeyBanc trims its price target to reflect a lower target multiple it believes is more appropriate, given Infinity's newness, its status as a "tweener" vs. a pure play oil or natural gas name, and its limited trading liquidity.
Citi
Paul Diamond
Buy
maintain
$21 -> $18
2025-09-29
Reason
Citi
Paul Diamond
Price Target
$21 -> $18
2025-09-29
maintain
Buy
Reason
Citi analyst Paul Diamond lowered the firm's price target on Infinity Natural Resources to $18 from $21 and keeps a Buy rating on the shares ahead of the Q3 report. The firm cites volatility in the macro backdrop and pricing uncertainties for the target cut.
Raymond James
John Freeman
Strong Buy
downgrade
$29 -> $23
2025-09-15
Reason
Raymond James
John Freeman
Price Target
$29 -> $23
2025-09-15
downgrade
Strong Buy
Reason
Raymond James analyst John Freeman lowered the firm's price target on Infinity Natural Resources to $23 from $29 and keeps a Strong Buy rating on the shares. The firm updated its estimates for the current weaker commodity strip. Raymond James is modeling FY25 production growth of 42% and FY26 production growth of 33%, the analyst tells investors in a research note. The company's position in the Utica provides a host of advantages, including a thick, single zone with minimal faulting, lack of formation water, and low royalty rates, Raymond James says.
KeyBanc
Overweight
downgrade
$24 -> $22
2025-09-03
Reason
KeyBanc
Price Target
$24 -> $22
2025-09-03
downgrade
Overweight
Reason
KeyBanc lowered the firm's price target on Infinity Natural Resources to $22 from $24 and keeps an Overweight rating on the shares. The firm says its updated estimates reflect KeyBanc's revised natural gas price forecast.
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About INR
Infinity Natural Resources, Inc. is an independent energy company. It is focused on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. Its properties include Utica Shale Oil-Ohio, and Marcellus Shale Dry Gas and Utica Deep Dry Gas-Pennsylvania. Its activities are focused on developing its Ohio properties, which are centered in the volatile oil window of the Utica Shale. Its Pennsylvania properties are predominately located to the northeast of Pittsburgh in Westmoreland, Armstrong and Indiana counties. It has expanded its leasehold position through a series of subsequent acquisitions and has over 30,250 net surface acres with exposure to both Marcellus and Utica Shales and operates 13 producing horizontal wells and three drilled and uncompleted wells. It maintains an inventory of 120 and 66 undeveloped Marcellus and Utica locations in Pennsylvania. Its Pennsylvania acreage overlays the dry gas Utica Shale, providing 66 highly prospective locations.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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