The Indian Rupee’s Struggles: Navigating Depreciation and Economic Pressures
From ₹44 to ₹84.40: The Indian Rupee’s 48% Slide Against the Dollar (2011-2024) Since 2011, the Indian rupee has depreciated by nearly 48% against the US dollar,falling from ₹44 per dollar to a historic low of ₹84.40. This steady decline,averaging around 5% per year,reflects the combined influence of global and domestic factors. As we delve […]