Rupee's Rollercoaster: Trade Deal Needed for a Comeback

Oh boy, the rupee is taking a nosedive! But wait, there's hope! A poll says it could bounce back to 88.91 per dollar by February 2026, but only if India and the US shake hands on a trade deal. With tariffs and low investments weighing it down, the Reserve Bank's efforts are like putting a band-aid on a sinking ship. Analysts say no deal, no cheer!

03:25 am on Thursday, 4 December, 2025 | Reuters

Quick rundown

1.The rupee is expected to regain some value against the dollar if a trade deal is reached.

2.Foreign investors have sold $17 billion in Indian equities this year due to tariff issues.

3.The rupee hit a record low of 90.29 per dollar recently.

4.Economic growth in India remains robust at 8.2% despite currency challenges.

5.Analysts predict a cautious recovery for the rupee, contingent on investor sentiment.