How India’s Rupee Ended Up as Asia’s Worst Currency This Year
The Indian rupee is currently Asia’s worst-performing currency of 2025. It is also on track for its largest annual decline since 2022 — the year Russia’s invasion of Ukraine sent...
By Malavika Kaur Makol · Bloomberg Markets
The Indian rupee is currently Asia’s worst-performing currency of 2025. It is also on track for its largest annual decline since 2022 — the year Russia’s invasion of Ukraine sent oil prices soaring past $100 per barrel, dealing a major blow to India, which imports about 90% of its crude.