India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
Rupee Weakens Past 94 Amid Oil Price Surge Why in the News ? The Indian rupee has depreciated beyond ₹94 per U.S. dollar, marking its fourth consecutive fall, due to rising crude oil prices, global uncertainty, and capital outflows, despite intervention by the Reserve Bank of India. Recent Trends in Rupee Depreciation: Exchange Rate Fall: …
Read MoreRupee 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 …
Read More
