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Rupee Depreciation

Depreciation means it takes more rupees to buy a dollar or another currency. It makes imports dearer and exports cheaper. Appreciation is the opposite.

Why It Matters

A weaker rupee is a pay rise for exporters and a price rise for everyone who buys imports.

In India

Over 2025 the rupee depreciated about 5% against the dollar, making it the weakest major Asian currency that year.