Trump's First Shock to India - Rupee Falls All-Time Historical Low
This currency drop has also sparked political debate, with some critics suggesting that the government is not taking the decline seriously enough, possibly due to the current rapport between prime minister Modi and former U.S. President Donald Trump. The perception that the bjp government is more focused on diplomatic ties than economic issues has led to concerns among citizens who worry that the administration may not prioritize addressing the immediate economic challenges arising from a weaker Rupee. While maintaining a strong diplomatic relationship with influential leaders is essential for long-term geopolitical goals, the economic repercussions of currency depreciation are pressing, affecting both businesses and consumers across india in the near term.