Indian rupee depreciation
Indian Rupee Falls to Historic Low: Chief Economic Adviser Remains Optimistic About FDI Growth Despite Currency Depreciation
Dec 04, 2025 01:33 am CST
India's Chief Economic Adviser V Anantha Nageswaran remains unconcerned about the rupee hitting an all-time low of 90.21 against the US dollar, stating it hasn't affected inflation or exports. Despite currency challenges, he projects gross FDI could exceed USD 100 billion this year, representing significant growth over the previous fiscal year's USD 81.04 billion.
