Indian Rupee Named Asia’s Worst Performing Currency of 2026
According to a Reuters report, the Indian Rupee has been identified as Asia’s worst-performing currency in 2026. The report attributes the sharp decline to India’s economic policies, rising energy prices, and an increase in global bond yields. Projections suggest the rupee could depreciate further, potentially reaching 98 against the US dollar by the end of the year. This economic news was reported alongside coverage of international criticism of the Indian government, which included a caricature of Prime Minister Modi in a Norwegian newspaper.
