Finance
Mr. BillionhairRupee's Epic Fail: Worst Drop in Three Years, Believe Me!
Folks, let me tell you, India's rupee is taking a massive dive—4.74% drop! The worst in three years, believe me! No US trade deal, no rally, just a sad situation! The RBI? Just sitting back, folks! A trade deal could help, but it’s a tough road ahead! Sad! Get ready for a wild ride, folks!
few days ago | Reuters
Quick rundown
1.The Indian rupee faces its largest annual fall in three years.
2.Record equity outflows and lack of a US trade deal weigh on the rupee.
3.RBI's flexible approach allows the rupee to weaken amidst external strains.
4.Foreign investors withdrew a record $18 billion from Indian equities in 2025.
5.A trade deal with the US could offer temporary relief for the rupee.
