The rupee just carved out a fresh record low against the dollar. Wild times in the currency markets right now. Managed to cling above that psychological 90-per-dollar threshold though—looks like the central bank stepped in with some stabilization moves. That support level is clearly critical for them. Markets are watching closely to see if this floor holds or if we're headed for another leg down. Currency stress like this usually ripples through local crypto volumes too.
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ContractCollector
· 6h ago
Wow, did the 90 level really hold? The Central Bank's actions this time are quite fierce.
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BottomMisser
· 6h ago
The Central Bank's Market Stabilization can't hold up, breaking 90 is just a matter of time.
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ApyWhisperer
· 6h ago
Wow, did the 90 line really hold firm? The Central Bank's actions this time are quite something.
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Anon4461
· 6h ago
Ngl, the Indian Central Bank did a great job, but it still feels like a temporary fix rather than a fundamental solution.
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airdrop_whisperer
· 6h ago
The rupee has hit a new low again, the Central Bank is desperately trying to stabilize the market.
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AirdropHarvester
· 7h ago
Again it has fallen... The Indian Rupee really can't hold on, how long can the RBI's operation last?
The rupee just carved out a fresh record low against the dollar. Wild times in the currency markets right now. Managed to cling above that psychological 90-per-dollar threshold though—looks like the central bank stepped in with some stabilization moves. That support level is clearly critical for them. Markets are watching closely to see if this floor holds or if we're headed for another leg down. Currency stress like this usually ripples through local crypto volumes too.