₹ Rupee on the Edge!

The Rupee is hovering dangerously close to ₹90 per dollar, slipping to record lows as foreign outflows persist and the trade deficit widens on the back of surging gold imports and weaker exports to the US. With global risk-off sentiment adding pressure, the currency is feeling every bit of the squeeze 💱. If trade-policy repairs take longer or outflows increase, the Rupee could easily push beyond 90. But if the RBI steps in with strong policy support, including active forex intervention and a credible improvement in export sentiment, the currency can still hold below 90. For now, the market is watching every move like it’s the final overs.