The Indian Rupee has been consistently depreciating against the US Dollar, raising concerns about its impact on the Indian economy. This video explains the factors driving this decline, including global economic trends, trade imbalances, rising crude oil prices, and monetary policies of the US Federal Reserve. We also analyze the effects of rupee depreciation on inflation, imports, exports, and India's foreign exchange reserves, along with measures the RBI and government are taking to stabilize the currency. Stay informed with Legacy IAS for insights crucial for UPSC preparation. #RupeeDepreciation #IndianEconomy #USDvsINR #LegacyIASAcademy #UPSCPreparation #CurrentAffairs #ForexMarket #EconomicImpact To know about the Advanced Prelims Marathon (APM) Test Series 2024: https://www.legacyias.com/prelims-test-series/ To know about the Legacy IAS Foundation Course 2024-25 click here: https://www.legacyias.com/upsc-courses/foundation-course/ Take up Daily Static Quiz, click here: https://www.legacyias.com/daily-quiz-static/ Take up Daily Current Affairs Quiz: https://www.legacyias.com/category/daily-quiz-current-affairs/ For Daily Mains Practice Questions Click Here: https://www.legacyias.com/mains-practice-questions/ For the Monthly Current Affairs compilation: https://www.legacyias.com/category/monthly-compilation-current-affairs/ Follow us on various channel- https://linktr.ee/legacyias Instagram: https://www.instagram.com/legacyias/ (We are a family of 80k now. Yay!) Facebook: https://www.facebook.com/legacyias/ Telegram: https://t.me/legacyias -- LEGACY IAS ACADEMY www.legacyias.com Address: 1535, 39th Cross Rd, Kottapalya, 4th T Block East, Jayanagara 9th Block, Jayanagar, Bengaluru, Karnataka 560041 Phone: +91 9606900005; 9606900004 Map: https://maps.app.goo.gl/EThZ9L2nmurSjLqi6 #DailyCurrentAffairs #UPSCCurrentAffairs #upscexam #TargetPrelims2024 #Prelims2024 #UPSCprelims2024 #upscprelims2023 #targetprelims2024 #Prelims2024 #upscaspirant #library #upsccoaching #iasexam #upscprelims #currentaffairs #ips #civilservices #upscstudymaterial #LegacyIASAcademy