The Indian rupee on Wednesday plunged past the psychologically crucial ₹90 mark against the US dollar, its weakest level ever, making it the worst-performing currency in Asia. This sharp decline underlines mounting pressure from continued foreign portfolio outflows, a record trade deficit and stalled trade negotiations between India and the US. This persistent weakness raises […]
Indian stock markets remain near record highs, but the rupee’s sudden crash and sharp global volatility have raised red flags for investors, says market expert Ajay Bagga. Despite strong AI optimism in global markets early Thursday, US indices reversed sharply, and the ripple effect spread to Asia. RBI missing as Rupee crashes below 89 Calling […]