Rupee's Wild Ride: From High Hopes to RBI Reality Check

Finance

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Rupee's Wild Ride: From High Hopes to RBI Reality Check

So, the rupee was feeling itself, hitting 94.89 per dollar after some geopolitical glow-up, but then—bam!—profit-booking crashed the vibe post-RBI news. It ended up at 95.13, like a party that just got shut down. Meanwhile, bond yields were like, 'We’re cool,' but inflation got everyone sweating. Classic rollercoaster energy!