Community Information
-
Rupee has fallen to a historic lowest of 87.4 against the dollar
The Indian rupee has plunged to a historic low of 87.487 against the U.S. dollar, driven by expectations of imminent rate cuts by the Reserve Bank of India. This marks a significant 40 paisa drop from its previous close, raising concerns about further depreciation and its economic impact. Since the stupid trade war started, US dollar has fallen against euro, pound, yen but gained against the rupee. How long will Indian government keep repeating the lie that it's just the dollar strengthening that makes the rupee fall.?2
© 2025 Indiareply.com. All rights reserved.