Rupee from 10 to 90: Tracing the four-decade slide to its most fragile moment

Rupee from 10 to 90: Tracing the four-decade slide to its most fragile moment

The Indian rupee on Wednesday slipped past the 90 per dollar mark, a level that once felt distant but now reflects a long, uneven slide that has stretched across four decades. Wednesday’s breach came after months of pressure from weak capital flows, persistent importer demand and fresh hedging by companies worried that a softer currency … Read more

Rupee slides to all-time low on surge in hedging, speculative bets

Rupee slides to all-time low on surge in hedging, speculative bets

The Indian rupee fell to a record low on Monday, reflecting the cumulative impact of elevated hedging by importers and increased short positions by market participants in response to higher U.S. tariffs. The rupee dropped to 88.33 against the U.S. dollar on Monday, breaching Friday’s all time low of 88.3075. Analysts said the move was … Read more