As the Indian rupee reached a record low of 87.58 to the dollar on Thursday, it finds itself at a critical juncture, navigating a sea of global and domestic pressures. The currency has experienced a significant decline, becoming the worst-performing in Asia this year. With the economic backdrop clouded by concerns over US trade policies and persistent outflows from foreign portfolio investments, the rupee’s troubles are only intensifying. The on-going global trade uncertainties, particularly surrounding tariffs, have amplified the strain on emerging market currencies.

The Indian rupee, as a key player in this landscape, is directly affected by these developments. While trade wars and tariffs may seem distant, the consequences are global, and their impact is felt acutely in India’s economy. A weakening currency translates into rising costs for the average citizen ~ whether it is the price of imported goods or the rising cost of fuel,........

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