The Indian rupee has slipped to ₹92 against the US dollar, marking one of its weakest points in recent years. This depreciation has wide-ranging consequences across sectors, impacting imports, overseas education, and international travel, while simultaneously offering a boost to exporters. The development underscores the delicate balance between domestic economic pressures and global currency movements….
The Indian rupee plunged to a fresh all‑time low of 90.37 per US dollar, extending its persistent downward slide despite visible intervention by the Reserve Bank of India (RBI). The currency’s sharp depreciation reflects a combination of strong dollar demand, foreign capital outflows, and global economic pressures, making it one of the weakest‑performing Asian currencies…
The Indian rupee witnessed a sharp depreciation in morning trade, breaching the psychological 90-level mark against the US dollar for the first time. Opening at 90.06, the currency’s slide reflects mounting global pressures, domestic challenges, and investor sentiment that has tilted towards safe-haven assets. The development has sparked intense debate among economists, policymakers, and market…
