Macro Finance
INR/USD: Why India’s Rupee Is So Weak and What the RBI Is Doing
Bloomberg Markets·October 13, 2026·1 min read
India's rupee has weakened every year since 2018 despite the economy growing faster than peers, including China. The currency's decline stems from factors such as high oil prices, foreign outflows, and central bank policies. The RBI has widened currency curbs to support the rupee, but the trend persists.
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