US Fed rate cut expected, but Rupee's rise limited by trade deficit.

• The Indian rupee has fallen 5% this year, making it Asia's worst-performing currency.
• RBI implemented measures like a rate cut, bond purchases, and a $5 billion swap to ease dollar pressure.
• Focus is on the US Federal Reserve's expected 25 basis point rate cut this week.
• Analysts believe the Fed's rate cut may have limited impact on the rupee due to India's widening trade gap and weak foreign investment.
• A significant change in the rupee's direction is unlikely without an India-US trade deal, with 89.3-90.4 identified as a crucial range.

Why It Matters: US Fed decision may not significantly help Rupee due to India's trade deficit and weak FDI.