The Indian rupee hovered near its all-time low today, with continued downside pressure.

Analysts expect the rupee to continue underperforming peer Asian currencies amid persisting U.S. tariffs.

Speculative bets and hedging activity are compounding the local currency’s stress.

Despite RBI intervention, the currency fell to a fresh lifetime low of ₹88.33/USD.

Corporates with unhedged forex exposure are facing growing losses.

Banks have dented their FX positions in response to volatility.

Attention is on possible RBI moves to control depreciation.

The rupee’s trajectory remains a critical macro risk for equity and fixed-income investors.

FX stability is expected to hinge on trade policy clarity.

Watch for bond and equity reactions as currency volatility persists.