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Zico Dasgupta
Economist and featured expert on the episode, providing analysis on exchange rates, trade deficits, capital flows and Reserve Bank of India policy.
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Dec 27, 2025
• 15min
From firefighting to managed decline: why the RBI let the rupee breach 90
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Zico Dasgupta, an economist specializing in exchange rates and RBI policies, explores the recent breach of the ₹90 mark by the Rupee. He examines how U.S. tariffs and falling exports have worsened India's trade deficit, contributing to forex pressure. The discussion includes rising precious metal imports and significant capital outflows, which have put further strain on the currency. Zico also discusses the RBI's strategy of managed depreciation and questions whether this will actually enhance exports, cautioning about global demand factors.
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