Indian Rupee Depreciation Amid US-Iran War Concerns

The Indian rupee is experiencing rapid depreciation, posing a significant risk to India's external sector resilience. Concerns about a potential US-Iran war are contributing to fears that the rupee could soon hit 100 against the US dollar.

21 May, 13:46 — 21 May, 13:46

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Times of IndiaMostly Factual4d ago

US-Iran war: Will rupee hit 100 versus US dollar soon?

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

By SMRITI JAIN

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Indian Rupee Depreciation Amid US-Iran War Concerns

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US-Iran war: Will rupee hit 100 versus US dollar soon?

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