New Delhi, March 31 -- Union Finance Minister Nirmala Sitharaman said on Monday, in a written reply to a question in the Lok Sabha, that the depreciation of the Indian rupee against the US dollar is part of a broader global trend, even as domestic inflation has eased significantly in recent years.
She added that the rupee was going fine against the US dollar compared with other emerging market currencies.
She emphasised that Indias macroeconomic fundamentals remain strong, supported by robust growth, easing inflation, and improved fiscal and corporate health, with no adverse impact on the countrys creditworthiness.
The rupee closed at Rs 94.82 per US dollar on March 27, 2026, marking a 9.9 per cent depreciation in 2025 26 so far. Sin...