The Indian rupee might finally catch a break after hitting record lows. Latest analyst surveys suggest a potential rebound, but here's the catch—recovery hinges heavily on whether the US seals a favorable trade deal. Without that agreement in place, the currency could stay under pressure. It's a reminder that even traditional forex markets are deeply intertwined with geopolitical negotiations these days.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
DoomCanister
· 7h ago
To put it plainly, it still depends on the US. If the Indian rupee wants to make a comeback, it will have to wait for the US trade agreement to be implemented; otherwise, it will continue to take a hit.
View OriginalReply0
GateUser-7b078580
· 7h ago
Data shows the probability of a rupee rebound is low... The US trade agreement is the key variable; without it, there will just be repeated turmoil, and according to historical patterns, it will eventually collapse.
View OriginalReply0
ZkSnarker
· 8h ago
imagine if we're really at a point where rupee recovery literally depends on trade deal vibes... well technically that's just modern forex being modern forex, but ngl the geopolitical coupling here is actually wild. it's like watching macro with extra steps and more Twitter drama
Reply0
down_only_larry
· 8h ago
Still watching trade deals? Listen to me, the rupee's rebound is just this little drama. One word from the US and it collapses.
View OriginalReply0
zkProofInThePudding
· 8h ago
It's the US stirring up trouble again. It's not that easy for the rupee to make a comeback.
The Indian rupee might finally catch a break after hitting record lows. Latest analyst surveys suggest a potential rebound, but here's the catch—recovery hinges heavily on whether the US seals a favorable trade deal. Without that agreement in place, the currency could stay under pressure. It's a reminder that even traditional forex markets are deeply intertwined with geopolitical negotiations these days.