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The Economic Times

Business / The Economic Times

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The rupee after a 6-month-long storm: trade relief, fresh hope, old constraints

The rupees six-month slide, driven by U.S. tariffs and policy uncertainty, reversed sharply after signals of a friendlier trade deal. While improved sentiment, sectoral gains, and potential foreign inflows offer support, unresolved agreement details, oil dynamics, gold prices, and RBI positioning ensure USD/INR remains volatile, with risks still tilted toward weakness in 2026.

13 Feb 2026 10:35 am