Why is the Rupee Weakening Against the Dollar?
06
Jan
Why is the Rupee Weakening Against the Dollar? Sub: Eco Sec: External sector Context and Current Status The rupee breached the 85 marks against the U.S. dollar in December 2024, reaching an all-time low of ₹85.81. The currency depreciated by about 3% in 2024, continuing its long-term trend of gradual depreciation. Factors Behind […]