RBI’s $44.5 bn tactic to stem rupee’s fall amid geopolitical, financial challenges
Why Is the Indian Rupee Falling? Three key elements contribute to the rupee’s decline: Overseas Fund Outflows: In October and November, overseas institutional traders (FIIs) pulled out Rs 1.14 lakh crore and Rs 45,974 crore, respectively. These outflows elevated greenback demand and weakened the rupee. US Election Outcomes: The re-election of Donald Trump as US…