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On Wednesday, the rupee reached a historic low of 90.30 against the US dollar during intra-day trading. (AI image) Rupee has breached the 90 mark versus the US dollar for the first time ever, but the currency’s depreciation is not troubling the government. Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the government…
The Indian rupee, which has been under persistent pressure through 2025, is unlikely to witness any sharp fall in the immediate term as its recent weakness has already played out, Union Bank of India said in a recent assessment. The bank noted that the currency has already slipped about 4 per cent this year and…
The Indian Rupee could gradually weaken and move towards the psychological level of 90 per US dollar by March 2026, according to a report by Union Bank of India. The bank said the currency’s trajectory will continue to be shaped by both fundamental and technical factors, with the broader depreciation trend likely to persist over…
