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The rupee shock explained:
📉 Sharp fall
💰 Forex drawdown
🏦 RBI under pressure
Strategy or necessity? Let’s discuss.

The Indian rupee crisis: From $700 billion to $688 billion - Government strategy or compulsion?

We discuss how the Indian rupee fell from ₹91 to ₹89.5 against the dollar in two days and then recovered.
In September, the RBI had $700 billion in foreign exchange reserves, which had dwindled to $688 billion by December. We analyse whether this was a deliberate decision or a strategic move by the government, and what the real reasons behind it might be.

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