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Despite these challenges, the currency has shown resilience, maintaining a relatively stable range against the US Dollar. Government policies and actions by the Reserve However, the Indian rupee is down only 1.3% against the US dollar this year in 2025. The development indicates that the INR could bounce back when the USD weakens in the DXY 29 de sept. de 2025 The Indian rupee has remained largely stable against the US greenback in the current calendar year (CY 2025), depreciating by just 0.59 per cent so far. However, it has The Indian rupee is facing stiff resistance against the US dollar in the currency market in 2025. The US dollar outperformed 22 out of 23 Asian currencies this year making Bank of America (BofA) Research has revised its forecast for the Indian rupee, projecting the currency to strengthen to 84 per US dollar by December 2025, from a

Is the Indian Rupee the Most Stable Currency Against the US Dollar in 2024?

In 2024, global currency markets have seen significant volatility. However, the Indian Rupee (INR) has demonstrated a degree of resilience against the US Dollar (USD). Despite these challenges, the currency has shown resilience, maintaining a relatively stable range against the US Dollar. Government policies and actions by the Reserve Bank of India (RBI) have played a crucial role in this stability.

While claims of being the *most* stable might be too strong, the INR's performance has been noteworthy compared to other emerging market currencies. Factors influencing the INR/USD exchange rate include India's economic growth, inflation rates, and global geopolitical events.

Looking Ahead: INR Stability in 2025

Forecasts for 2025 present a mixed picture. However, the Indian rupee is down only 1.3% against the US dollar this year. The development indicates that the INR could bounce back when the USD weakens in the DXY 29 de sept. de 2025. The Indian rupee has remained largely stable against the US greenback in the current calendar year (CY 2025), depreciating by just 0.59 per cent so far.

However, it has faced stiff resistance against the US dollar in the currency market in 2025. The US dollar outperformed 22 out of 23 Asian currencies this year making predictions challenging. Bank of America (BofA) Research has revised its forecast for the Indian rupee, projecting the currency to strengthen to 84 per US dollar by December 2025, from a previous estimate. Keep checking back for up-to-date information and analyses on the performance of the INR against the USD.

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