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Why a Weak Rupee Is About More Than the Oil Shock
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Why a Weak Rupee Is About More Than the Oil Shock

Bloomberg Markets · May 27, 2026, 6:10 AM

A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.

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