India's rupee keeps hitting fresh lows this year—analysts are now eyeing the 90-per-dollar mark as the next psychological cliff. The currency's fate? It hinges on whether a critical trade pact with the US gets finalized. No deal, no floor. Some traders are already positioning for that scenario, treating 90 as less of a target and more of an inevitability if Washington and New Delhi can't get their act together. Worth watching how emerging market volatility ripples into risk assets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

MissedAirdropBro

· 12-02 05:36

The Indian rupee is definitely going to 90, what about the US-India negotiations? It feels uncertain.

View OriginalReply0

DefiSecurityGuard

· 12-02 05:36

rupee hitting 90 is basically a honeypot scenario waiting to happen. traders positioning for it already? classic rugpull setup—no trade deal = no support floor. not financial advice but DYOR on geopolitical risk vectors here. emerging market contagion could exploit your portfolio's weak points ngl

Reply0

GasBandit

· 12-02 05:34

The rupee has collapsed again, the 90 level is about to fall, uh, let's see how the negotiations will end.

View OriginalReply0

AirdropHermit

· 12-02 05:31

If the Indian rupee falls to 90, it's all over. The failure of US-India trade negotiations is a certainty.

View OriginalReply0

Frontrunner

· 12-02 05:30

The rupee has crashed again, and it seems we can't avoid the 90 mark. It really depends on whether the US-India trade negotiations can avoid being disappointing.

View OriginalReply0

LeverageAddict