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Rupee's Epic Plunge: Third Low, But Still Fighting Strong!

Rupee's Epic Plunge: Third Low, But Still Fighting Strong!

The rupee just took a wild plunge, hitting a staggering low of 90.80 per dollar! But hold on, it rallied back to 90.73! Why? Because India's trade deficit is looking better, but the dollar's still flexing hard! Until that US trade deal is locked in, the rupee's got a tough road ahead. Can you smell what the rupee's cooking? Smackdown incoming!

Quick rundown

  1. Rupee hits a new low amid India-US trade deal uncertainty.
  2. Trade deficit narrows, but rupee remains under pressure.
  3. Rupee is Asia's worst-performing currency in 2025 so far.
  4. RBI's absence in the market adds to rupee's woes.
  5. Positive trade data offers fleeting comfort for the rupee.

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Series

  • Indian Premier League
  • Pakistan Super League
  • New Zealand tour of Bangladesh
  • India Women tour of South Africa