Back

When the Indian Rupee (INR) falls against the US Dollar, everyone has a lot to say, but when the INR strengthens, no one says anything. Why is that?

The rupee strengthening temporarily doesn't erase the long-term depreciation trend. Since 1990, INR has moved from ~17 to ~85 against USD. We celebrate small reversals while ignoring the bigger picture. It's like celebrating losing 1kg after gaining