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Rupee weakens but remains stable against peers
February 01, 2025
|Financial Express Kochi
THE ECONOMIC SURVEY is quite unfazed about the rupee's depreciation in recent months. In its latest report, it pointed out that despite reaching new lows, the rupee has depreciated only moderately compared to other currencies.
In the first nine months of FY25, the rupee depreciated 2.9%, performing better than the Canadian dollar, South Korean won, and Brazilian real, which depreciated by 5.4%, 8.2%, and 17.4%, respectively.
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