The Indian rupee logo seen inside the Reserve Bank of India (RBI) headquarters in Mumbai
| Photo Credit: Reuters
The Chief Economic Adviser (CEA) V. Anantha Nageswaran on Wednesday (December 3, 2025) said the government is not losing sleep over declining rupee, which has breached the 90-level against the U.S. dollar.
The falling rupee is not affecting inflation or exports, he said on the sidelines of a CII event here.
However, Mr. Nageswaran expressed hope that it should improve next year.
The rupee has depreciated about 5% against the U.S. dollar in 2025. The Indian currency plummeted to a new low of 90.30 against the greenback in the intra-day session on Wednesday, falling 34 paise from its previous close, amid Foreign Institutional Investor (FII) outflows and sustained buying of dollars by banks.
A decline in the domestic equity markets and the absence of an India-U.S. trade deal put further pressure on the local unit, according to forex traders.
Published – December 03, 2025 04:45 pm IST
