Rupee vs. Dollar Showdown: Currency Slides to 89.98 as 2026 Kicks Off – What Influenced the Shift?
Summary The depreciation of the Indian rupee against the US dollar to 89.98 at the start of 2026 marks a significant currency movement influenced by a complex interplay of domestic and global economic factors. Unlike the sharp rupee decline in 2022 driven primarily by aggressive US Federal Reserve interest rate hikes, the current slide reflects […]
