The Indian rupee is falling continuously because, since the geopolitical situation has been disrupted by Russia's invasion, the rupee has been under tremendous strain. Fears of global inflation were heightened as a result of the crisis, driving up the price of critical goods around the world. In the first session of this year, Indian equities sank 2.6 percent as equity markets around the world sold down after US May inflation data jumped to a four-decade high of 8.6%, stoking fears of aggressive rate hikes by the US Federal Reserve at its next monetary policy meeting. The value of any country's currency reveals its intrinsic strength. A country is deemed strong if its currency is stronger than other currencies. Because the US dollar is a global currency, the value of the rupee vs...
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