Rupee Makes a Tiny Comeback, Dollar Demand Steals Spotlight

Listen up, folks! The rupee is making a tiny comeback—thanks to Muthoot Finance raising an incredible $600 million! It peaked at 90.07 per dollar, but then—boom!—importer dollar demand crashed the party, settling at 90.36. FII outflows? A total disaster! And where’s the RBI? Nowhere to be found! Liquidity is surplus, folks, just like my rallies! Tremendous!