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Rupee Slips Past 90: What It Means

Rupee Slides Past 90 Amid Economic Pressures Why in the News? The Indian Rupee breached the 90-per-dollar mark, raising concerns about external stability, widening trade deficit, and persistent foreign portfolio outflows. Despite stable macro indicators, the RBI appears to be favouring gradual depreciation, prompting debate on currency management and export competitiveness. This economic situation, much …

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