Rupee smashes 90 per dollar! Can it regain control?

Ladies and gentlemen, the rupee just smashed through the 90 per dollar barrier! Capital outflows and US trade drama are the villains in this tale. The RBI? They're playing the long game, folks! Analysts predict a wild ride to 94! Is this a currency crash or just a slow-motion spectacle? Buckle up, history is being made right before our eyes!

Quick rundown

1.The rupee has slipped past the 90 per dollar mark, causing quite a stir in the forex market.

2.It's officially the worst-performing currency in Asia this year, with a 5% drop.

3.Traders are seeing limited intervention from the RBI, which is focusing on smoothing volatility.

4.Analysts predict the rupee could reach 94 per dollar by 2026, so hold onto your wallets!

5.The ongoing US trade negotiations are viewed as crucial for stabilizing the rupee's value.

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