India’s Currency Quandary UPSC
The Indian Rupee has been experiencing significant fluctuations in its value against major currencies, raising concerns among policymakers, economists, and the general public. As of January 2025, the depreciation of the rupee has sparked discussions about its implications for the economy and the effectiveness of current monetary policies. This discourse emphasizes that a strong currency does not necessarily equate to a robust economy, and highlights the complexities involved in managing exchange rates.
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