Indian Rupee Depreciates Against Yuan and Franc, Transparency Questioned

The provided context confirms that the Indian Rupee has indeed depreciated against both the Chinese Yuan and the Swiss Franc. Source 5 indicates that the INR has weakened by 13.10% over the last 12 months against the USD, and Source 4 mentions the USD has strengthened by approximately 4.9% against the INR in the current financial year.

Source 5 also shows a 16.50% depreciation of INR against CNY over the last year and a 15.81% depreciation against CHF over the last year. Source 2 highlights China's 'relative lack of transparency around its exchange rate policies and practices.' However, the claim about 'significant percentage drops over the past year' is not uniformly detailed across all currencies mentioned in the context, and the specific claim about the Indian government's lack of transparency is not directly supported by the provided snippets. [1][2][3]