India’s digital rupee, introduced amid high expectations, has faced a stark decline in value shortly after its launch.
Initially hailed for its potential to revolutionise financial transactions within the country, the currency's recent downturn has sparked considerable concern.
This decline emphasises challenges in adoption and stability, raising questions about the digital rupee's long-term viability and market acceptance.
Analysts and stakeholders are now assessing the factors contributing to this decline, reflecting ongoing uncertainties in India's digital currency initiatives and their impact on the broader financial landscape.