Rupee fall continues unabated: Know its ripple effect on Indian economy, sectors that are most affected and how effective are RBI actions

The rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A weak rupee poses various economic challenges. Read on to know about the interventions made by the Reserve Bank of India and the impact of a falling rupee.