The Indian rupee recently plummeted to an all-time low of 87.1450 against the US dollar, marking a significant decline of 0.6% from the previous Friday.
This marks the first time the rupee has crossed the 87 mark, continuing a troubling trend of weakening pressure.
The depreciation of the rupee is largely attributed to sustained foreign fund outflows, a challenge that has been compounding over time.
The sharp drop in the currency value is partly linked to the effects of tariffs imposed by former US President Donald Trump, which continue to impact global trade and investment flows.
As investors respond to changing global economic conditions, the rupee faces increasing challenges from external economic factors, including tariff-related tensions.
This depreciation has added uncertainty to the Indian economy, potentially driving up import costs and fueling inflation.
The falling rupee poses a challenge for policymakers as they look to balance growth and stability amidst external economic pressures.
