Currency depreciation refers to the decline in the value of a country's currency relative to others. It affects international trade and investment. Depreciation can result from various factors, including inflation, interest rates, and economic instability. In India, it influences the cost of imports and exports. Policymakers often monitor depreciation closely to manage economic impacts and maintain stability.
India became the sixth largest economy globally in 2023, moving down from fifth place. The country was overtaken by Germany in nominal GDP rankings. India’s nominal GDP was...
India’s export performance appears robust at the aggregate level, even as the rupee weakens and places the country among Asia’s poorer-performing currencies. But beneath these headline numbers lies...
The recent intervention by the Reserve Bank of India, which briefly strengthened the rupee by selling US dollars in the market, has once again drawn attention to a...
The rupee slipping below ₹90 to a dollar has triggered sharp political debate, especially with Parliament in session. Yet, beyond rhetoric, the episode raises deeper economic questions: what...
