Special Report: Rupee Breaches 90 Mark Against Dollar; Experts Debate Impact on Indian Economy

On this Special Report, the focus is on the Indian Rupee breaching the 90 mark against the US Dollar for the first time. The currency touched a low of 90.29 amid persistent dollar demand, prompting a debate on the economic implications. One expert argues that a depreciating rupee is not necessarily negative, suggesting it could aid export competitiveness and counter high tariffs, stating, 'we should not conflate a strong currency for a strong economy.' In contrast, another view highlights concerns over the 'fastest decline in the value of the rupee ever,' attributing the slide to a collapse in Foreign Direct Investment (FDI) and the absence of a trade deal. The programme explores whether this depreciation is a calibrated adjustment or a sign of underlying economic stress.