The Indian rupee fell 3% against the US dollar in 2024 due to slower growth concerns and a stronger dollar globally. However, it remained one of the world's least volatile currencies. Geopolitical events and central bank actions impacted exchange rates across emerging markets. While down against the dollar, the rupee gained against the yen and euro. Experts predict a stable 2025, ranging from 82 to 87 rupees per dollar.
