From firefighting to managed decline: why the RBI let the rupee breach 90
Update: 2025-12-27
Description
In early December 2025, the Rupee slipped past the ₹90 per dollar mark. While this drop is labelled as 'psychologically significant,' the underlying economic factors hasn't changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency.
The Rupee’s rise or fall depends on two main factors: what’s happening in the market, and how the Reserve Bank of India (RBI) responds.
Guest: economist Zico Dasgupta
Host: Nitika Francis
Edited and produced by Sharmada Venkatasubramanian
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