How the fall in rupee could impact Indian companies
While the rupee has depreciated by only around 5% in the last two years, it has fallen over 20% since January 2020, making it one of the weakest-performing currencies in South and Southeast Asia, according to Moody’s. The Indian rupee (INR) plummeted past the ₹86 mark against the US dollar for the first time earlier this month.
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