Rupee Weakness Now a 5-Channel Threat to India’s Economy, BofA Warns
The Indian Rupee is under sustained pressure, weakening steadily against the US Dollar. What once appeared to be a manageable currency movement is now raising serious macroeconomic concerns. According to Bank of America (BofA), the declining Rupee is no longer just a forex issue. It has become a five-channel threat to India’s economy, impacting confidence,…