On Wednesday morning, the rupee weakened to a low of 90.13 for one US dollar, hitting below its previous all-time low of 89.9475 on Tuesday. As of 8:04 AM UTC, the Indian rupee stands at ₹90.26 against one dollar.
While speaking at IIM Calcutta, Jaishankar also cited the progress India has made in infrastructure such as highways, railways, energy, ports and more. As per the EAM, this has helped narrow the gap with leading Asian economies.