Editorial Analysis for UPSC - Despite Pressures, the Rupee’s Remarkable Resilience

Despite Pressures, the Rupee’s Remarkable Resilience

Despite Pressures, the Rupee’s Remarkable Resilience For Mains Causes for depreciation of Rupee Widening current account deficit, persistent risk-off sentiment as a result of geopolitical tensions, ‘a strengthening dollar index, and continuous sell-off by foreign portfolio investors. The dollar has strengthened against all currencies, developed […]