Rupee Performance: Depreciation Against Developed Markets and Strength Against Other Currencies

Pravesh Gour, Senior Technical Analyst at Swastika Investmart, highlights that although the rupee declined by 4.2% against developed market currencies, it strengthened by 3.2% against certain other currencies, reflecting India's relative economic strength.

• Rupee's slide: What it means for economy, markets, and you - India Today
• Silver lining in falling market: Adani Enterprises, Tata Motors, HUL among 16 Nifty stocks trading below their 5-year PE averages - The Economic Times

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