The Indian rupee has slipped to a fresh record low, crossing 91 against the US dollar, adding to pressure across financial markets. What began as a currency and bond market issue is now weighing on equity sentiment, as both foreign and domestic investors reassess risk amid currency weakness and tightening liquidity.
The rupee is down…
The recent movement of the rupee past 90 against the dollar has created some anxiety, but current macroeconomic conditions suggest this depreciation is neither unusual nor harmful. With inflation low and global oil prices soft, the currency’s adjustment is unlikely to create major domestic disruption. At this stage, a weaker rupee is functioning as a…

