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Is the Falling Rupee a Cause for Alarm?

📅 Published 12 Dec 2025 · December 2025

Is the Falling Rupee a Cause for Alarm?


The Indian rupee recently depreciated beyond ₹90 per US dollar, sparking political debate and public concern. Economists Madan Sabnavis and Ranen Banerjee assess whether this decline signals deeper economic issues or is a short-term market phenomenon.

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