{"id":29054,"date":"2025-01-11T17:18:09","date_gmt":"2025-01-11T11:48:09","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=29054"},"modified":"2025-01-11T17:18:11","modified_gmt":"2025-01-11T11:48:11","slug":"indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/","title":{"rendered":"Indian Rupee Hits Record Low of \u20b986 Against US Dollar: Causes, Impact, and Exam Relevance"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Rupee_Hits_Record_Low_of_%E2%82%B986_Against_US_Dollar\" >Rupee Hits Record Low of \u20b986 Against US Dollar<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Reasons_Behind_the_Decline_of_the_Rupee\" >Reasons Behind the Decline of the Rupee<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Impact_on_the_Economy\" >Impact on the Economy<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Why_This_News_is_Important\" >Why This News is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Implications_for_Government_Exams_and_Economic_Understanding\" >Implications for Government Exams and Economic Understanding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Global_Repercussions_and_Indias_Economic_Strategy\" >Global Repercussions and India\u2019s Economic Strategy<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Historical_Context_Background_Information\" >Historical Context: Background Information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Key_Takeaways_from_the_News_%E2%80%9CRupee_Hits_Record_Low_of_%E2%82%B986_Against_US_Dollar%E2%80%9D\" >Key Takeaways from the News: &#8220;Rupee Hits Record Low of \u20b986 Against US Dollar&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#1_What_factors_have_led_to_the_rupee_hitting_a_record_low_against_the_US_dollar\" >1. What factors have led to the rupee hitting a record low against the US dollar?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#2_How_does_the_weakening_of_the_rupee_affect_the_Indian_economy\" >2. How does the weakening of the rupee affect the Indian economy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#3_What_is_the_Reserve_Bank_of_Indias_role_in_stabilizing_the_rupee\" >3. What is the Reserve Bank of India&#8217;s role in stabilizing the rupee?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#4_How_does_the_US_Federal_Reserve_influence_the_Indian_rupee\" >4. How does the US Federal Reserve influence the Indian rupee?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#5_What_are_the_implications_of_the_rupees_record_low_for_government_exam_aspirants\" >5. What are the implications of the rupee&#8217;s record low for government exam aspirants?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/economy_finance\/indian-rupee-hits-record-low-of-%e2%82%b986-against-us-dollar-discover-the-reasons-behind-the-indian-rupee-hitting-a-record-low-of-%e2%82%b986-against-the-us-dollar-and-understan\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rupee_Hits_Record_Low_of_%E2%82%B986_Against_US_Dollar\"><\/span><strong>Rupee Hits Record Low of \u20b986 Against US Dollar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a major development in India\u2019s financial landscape, the Indian rupee has hit a record low of \u20b986 against the US dollar. This sharp depreciation of the rupee has raised concerns among economists, policymakers, and the general public. The rupee&#8217;s value has been under pressure for a while due to multiple factors, including global economic conditions, trade imbalances, and rising crude oil prices.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reasons_Behind_the_Decline_of_the_Rupee\"><\/span><strong>Reasons Behind the Decline of the Rupee<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The decline in the rupee\u2019s value can be attributed to a combination of both domestic and global factors. On the global front, the strengthening of the US dollar, fueled by the Federal Reserve\u2019s aggressive interest rate hikes, has put pressure on emerging market currencies like the Indian rupee. Additionally, the soaring global crude oil prices have increased India\u2019s import bill, further widening the trade deficit. This trade imbalance has exacerbated the downward pressure on the rupee.<\/p>\n\n\n\n<p>At the domestic level, inflationary pressures and lower foreign investment inflows have contributed to the weakening of the rupee. The Reserve Bank of India (RBI) has been actively intervening in the foreign exchange markets to stabilize the currency, but the persistence of global economic challenges has made this task increasingly difficult.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_the_Economy\"><\/span><strong>Impact on the Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The depreciation of the rupee has far-reaching implications for India\u2019s economy. First and foremost, a weaker rupee leads to increased import costs, particularly for essential goods like crude oil, which India heavily relies on for energy needs. This, in turn, raises domestic inflation, making goods and services more expensive for Indian consumers.<\/p>\n\n\n\n<p>Additionally, a weaker rupee makes foreign travel more expensive for Indian citizens and increases the cost of education for students studying abroad. On the positive side, a depreciating rupee may benefit India\u2019s export sector by making Indian goods and services cheaper for foreign buyers. However, the overall economic impact remains a cause for concern, particularly for those with foreign-denominated liabilities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"Indian-rupee-depreciation-causes-and-effects\"><img decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/Indian-rupee-depreciation-causes-and-effect2.png\" alt=\"Indian rupee depreciation causes and effects\" class=\"wp-image-29081\" title=\"Indian rupee depreciation causes and effects\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/Indian-rupee-depreciation-causes-and-effect2.png 1000w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/Indian-rupee-depreciation-causes-and-effect2-300x180.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/Indian-rupee-depreciation-causes-and-effect2-768x461.png 768w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/01\/Indian-rupee-depreciation-causes-and-effect2-600x360.png 600w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption class=\"wp-element-caption\">Indian rupee depreciation causes and effects<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span><strong>Why This News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Implications_for_Government_Exams_and_Economic_Understanding\"><\/span><strong>Implications for Government Exams and Economic Understanding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The rupee\u2019s record low against the US dollar is a critical development in India\u2019s economic journey. Understanding the causes and consequences of currency fluctuations is essential for students preparing for government exams, especially for roles in the fields of economics, finance, and international relations.<\/p>\n\n\n\n<p>The depreciation of the rupee is directly tied to key topics such as exchange rates, inflation, balance of payments, and fiscal policy, all of which are often included in the syllabi for civil services exams like UPSC and state PSCs. Moreover, students preparing for banking exams should be aware of how fluctuations in currency affect trade, inflation, and interest rates, as these can influence monetary policy and market behavior.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Repercussions_and_Indias_Economic_Strategy\"><\/span><strong>Global Repercussions and India\u2019s Economic Strategy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The news of the rupee hitting a record low is also important because it highlights the interconnectedness of global markets. With the US dollar strengthening worldwide, students must comprehend the broader international economic trends that influence domestic financial conditions. This knowledge is key for various government exams, particularly those that deal with global trade, economic diplomacy, and India\u2019s strategic response to global financial challenges.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Background_Information\"><\/span><strong>Historical Context: Background Information<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India\u2019s exchange rate history has been marked by periods of volatility, often influenced by global economic events. In 1991, India faced a severe balance of payments crisis, which led to the devaluation of the rupee. The country subsequently adopted a managed float exchange rate system, where the rupee&#8217;s value is determined by market forces, with occasional interventions by the Reserve Bank of India.<\/p>\n\n\n\n<p>In recent years, the rupee has faced pressure due to various factors, including rising oil prices and a widening trade deficit. In 2013, during the \u201ctaper tantrum\u201d period when the US Federal Reserve hinted at reducing its bond-buying program, the rupee depreciated sharply. Similarly, the COVID-19 pandemic and the global supply chain disruptions had a significant impact on the rupee\u2019s value, as foreign investments dipped and demand for essential imports increased.<\/p>\n\n\n\n<p>The current decline of the rupee to \u20b986 against the US dollar is the latest chapter in this ongoing economic saga, highlighting the challenges faced by emerging market economies in a globalized world.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_the_News_%E2%80%9CRupee_Hits_Record_Low_of_%E2%82%B986_Against_US_Dollar%E2%80%9D\"><\/span><strong>Key Takeaways from the News: &#8220;Rupee Hits Record Low of \u20b986 Against US Dollar&#8221;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Serial No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>The Indian rupee has hit a record low of \u20b986 against the US dollar.<\/td><\/tr><tr><td>2<\/td><td>Factors contributing to the rupee\u2019s decline include global economic pressures, rising oil prices, and a widening trade deficit.<\/td><\/tr><tr><td>3<\/td><td>A weaker rupee leads to higher import costs, increasing inflation and affecting consumer prices in India.<\/td><\/tr><tr><td>4<\/td><td>Despite challenges, a depreciating rupee may benefit India\u2019s export sector by making Indian products cheaper for foreign buyers.<\/td><\/tr><tr><td>5<\/td><td>Students preparing for government exams should understand the economic implications of currency fluctuations, particularly for subjects like economics and international trade.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Indian rupee depreciation causes and effects<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_factors_have_led_to_the_rupee_hitting_a_record_low_against_the_US_dollar\"><\/span><strong>1. What factors have led to the rupee hitting a record low against the US dollar?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The rupee\u2019s depreciation is due to multiple factors including global economic challenges, a strengthening US dollar, rising crude oil prices, and a widening trade deficit in India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_How_does_the_weakening_of_the_rupee_affect_the_Indian_economy\"><\/span><strong>2. How does the weakening of the rupee affect the Indian economy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A weaker rupee increases the cost of imports, particularly essential goods like crude oil, which leads to higher inflation. It also affects foreign travel costs and education expenses for students studying abroad. On the positive side, it can boost the export sector by making Indian products cheaper for foreign buyers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_What_is_the_Reserve_Bank_of_Indias_role_in_stabilizing_the_rupee\"><\/span><strong>3. What is the Reserve Bank of India&#8217;s role in stabilizing the rupee?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Reserve Bank of India (RBI) intervenes in the foreign exchange market to stabilize the rupee and mitigate excessive fluctuations. However, the ongoing global economic challenges make this task difficult.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_How_does_the_US_Federal_Reserve_influence_the_Indian_rupee\"><\/span><strong>4. How does the US Federal Reserve influence the Indian rupee?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The US Federal Reserve\u2019s interest rate hikes can strengthen the US dollar, which indirectly puts pressure on emerging market currencies like the Indian rupee. A stronger dollar results in a weaker rupee.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_What_are_the_implications_of_the_rupees_record_low_for_government_exam_aspirants\"><\/span><strong>5. What are the implications of the rupee&#8217;s record low for government exam aspirants?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Understanding currency fluctuations, economic policies, and global financial conditions is crucial for students preparing for government exams. Knowledge of exchange rates, inflation, and fiscal policy are key topics in economics and finance-related exams such as UPSC, state PSCs, and banking exams.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Rupee Hits Record Low of \u20b986 Against US Dollar In a major development in India\u2019s financial landscape, the Indian rupee has hit a record low of \u20b986 against the US dollar. This sharp depreciation of the rupee has raised concerns among economists, policymakers, and the general public. The rupee&#8217;s value has been under pressure for&#8230;<\/p>\n","protected":false},"author":6,"featured_media":29082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,174],"tags":[11830,6666,267,1094,19118],"class_list":["post-29054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy_finance","category-news-and-notifications","tag-currency-depreciation","tag-economic-policy","tag-indian-economy","tag-indian-rupee","tag-us-dollar"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/29054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=29054"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/29054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/29082"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=29054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=29054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=29054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}