The rupee’s six-month slide, fueled by U.S. tariffs and policy uncertainty, reversed sharply on signals of a friendlier trade deal. Improved sentiment, sectoral gains and possible foreign inflows are supportive, but missing agreement specifics, oil and gold moves, and RBI positioning keep USD INR volatile, with downside risks still outweighing upside into 2026.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
