As seen from the charts, the broader picture remains weak for the rupee.

Source: https://www.thehindubusinessline.com/portfolio/technical-analysis/currency-outlook-dollar-and-us-yields-oscillate-in-a-range/article67524276.ece

Before the cap on the rupee was removed, markets eyed three different rates to assess its value — the state bank’s official rate, the one assessed by the foreign exchange companies and the black market rate.

Source: https://financialpost.com/pmn/business-pmn/pakistani-rupee-falls-after-market-maker-group-removes-currency-cap

Both believe that digital rupee will help in larger adoption and mainstreaming of digital currencies in general across the country.

Source: https://www.ndtv.com/business/union-budget-2023-will-blockchain-based-digital-currency-come-of-age-3731438

Currency dealers contacted by Business Recorder reported that the rupee was being quoted at 284.75 for selling and 281.75 for buying purposes for customers throughout the day.

Source: https://www.chiangraitimes.com/news/in-comparison-to-the-us-dollar/

Digital rupee could, however, pose certain challenges that may have a bearing on financial stability, monetary policy, cost and availability of credit.

Source: https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece

Due to the expansion in uber-luxury residential options and the depreciating Indian rupee value, NRIs are also foraying into luxury real estate investments with NCR as one of their top choices.

Source: https://www.financialexpress.com/money/why-is-luxury-realty-unlikely-to-witness-a-fall-in-demand/3101034/

He hasn’t charged a single rupee and takes care of all her food, lodging and training expenses.

Source: https://indianexpress.com/article/sports/sport-others/scouted-through-insta-quarter-miler-rezoana-mallick-heena-breaks-jr-national-record-8482770/

However, a muted trend in domestic equities and sustained foreign fund outflows capped the gains in the rupee, traders said.

Source: https://www.dailyexcelsior.com/rupee-gains-11-paise-to-close-at-81-57-against-us-dollar/

However, in a bid to internationalise the Indian currency, the Reserve Bank of India on July 11, 2022 allowed importers to pay with rupees and exporters be paid in rupee.

Source: https://indianexpress.com/article/business/no-takers-for-rupee-payment-for-oil-imports-9080960/

In case the rupee breaks below 82.90, it will come under pressure for a fall to 83.20-83.

Source: https://www.thehindubusinessline.com/portfolio/technical-analysis/global-360-mixed-and-range-bound/article67161460.ece

India on Saturday moved a step closer to increasing circulation of the rupee in the Gulf region with the signing of two memoranda of understanding (MoU) between the Reserve Bank of India and the Central Bank of the United Arab Emirates.

Source: https://www.thehindu.com/news/national/india-and-uae-set-to-use-rupee-dirham-for-trade/article67084500.ece

In early March, Minister of State for Finance Bhagwat Kishanrao Karad informed the Rajya Sabha that the Reserve Bank of India (RBI) has put in place the mechanism for rupee trade settlement with as many as 18 countries.

Source: https://www.thehindubusinessline.com/opinion/perils-of-trading-globally-in-rupee/article66824402.ece

In response to lower trade deficit figures for the month of January, the rupee recovered the majority of its initial losses to conclude Wednesday's trading session down 4 paise at 82.82 against the US dollar.

Source: https://www.freepressjournal.in/business/rupee-falls-by-4-paise-to-close-at-8282-against-dollar

It serves as an indicator of the returns attained for every rupee invested in the fund.

Source: https://www.dailyexcelsior.com/analyzing-the-performance-of-equity-funds-key-metrics-and-evaluation-techniques/

Key reforms included the devaluation of the Indian rupee, reduction in import tariffs, and measures to attract foreign investment.

Source: https://seekingalpha.com/article/4640894-inda-great-way-to-diversify-away-from-china?source=feed_all_articles

MUMBAI, Dec 26 (Reuters) - The Indian rupee was barely changed on Tuesday as local dollar demand continued to limit gains even as the dollar index languished close to its lowest level in nearly 5 months.

Source: https://www.marketscreener.com/quote/currency/EURO-US-DOLLAR-EUR-USD-4591/news/INDIA-RUPEE-Rupee-flat-forward-premiums-up-on-rising-Fed-rate-cut-bets-45632908/?utm_medium=RSS&utm_content=20231225

Now, there is no shortage of foreign currency and the rupee is reasonably stable.

Source: https://groundviews.org/2023/11/09/balance-of-payments-crisis-separating-fact-from-fiction/

On Friday, the rupee settled at 82.66 against the dollar.

Source: https://www.freepressjournal.in/business/rupee-gains-29-paise-to-close-at-8237-against-dollar

On Tuesday, the rupee was in a 82.63-82.80 range.

Source: https://www.marketscreener.com/news/latest/INDIA-RUPEE-Rupee-barely-budges-ahead-of-RBI-s-policy-outcome--42924403/?utm_medium=RSS&utm_content=20230207

Pakistani rupee gained strength against the US dollar as the greenback was being traded at 273.33 rupees in the interbank on Wednesday, according to the State Bank of Pakistan.

Source: https://www.canindia.com/pakistani-rupee-strengthens-against-usd/