Up 2% in March, the rupee is among Asia’s best performers—yet still down 3% for FY25
After rising 5% on US policy bets, the dollar index has eased—helping global currencies, including the rupee
FPIs sold $14 bn in Jan–Feb. March saw buying resume in equities, though debt outflows continued
US tariff plans may disrupt trade. India could gain export space if it strikes a favourable deal
Low current account deficit and stable oil prices limit currency risk—for now
The rupee is overvalued. A mild fall could support exports amid global headwinds