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Why India’s Weak Rupee Has Suddenly Spiked in Value

Admin October 17, 2025
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Until mid-October, the Indian rupee was Asia’s worst-performing currency of 2025. It was heading for its biggest annual drop since 2022 — the year Russia’s invasion of Ukraine sent oil prices soaring past $100 per barrel, a major blow for India, which imports about 90% of its crude.

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