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Depreciation: Indian rupee falls to 10-month low: Why the currency is declining in value and what this means

Updated Apr 15, 2021 | 16:54 IST The remarkable decline in the currencys value has turned it from Asias best-performing currency (in the previous quarter) to its worst. Representational image.&nbsp | &nbspPhoto Credit:&nbspPTI Key Highlights The decision of the RBI to maintain a dovish stance and infuse liquidity into the market via its bond program weaned away the rupees strength FPI outflows have also, in the view of most experts, placed additional pressure on the curre...
Monetary Policy Committee Photo Credit Reserve Bank Rupee Value Indian Rupee Falling Hy Rupee Falling

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