Finance
Big GuyRupee's Wild Ride: Third Low, But a Spark of Hope!
Hey there! The rupee is having a tough time, hitting a new low of 90.80 per dollar for the third day in a row! But don’t worry, exports are up, and the trade deficit is narrowing, so there’s a glimmer of hope! It’s like the little engine that could, just trying to chug along despite the pressure. Keep your chin up, rupee! You got this!
few days ago | Anupreksha Jain
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.
