Economic uncertainty has sent the local currency into a steep decline, marking its worst single-day drop in over two and a half decades. Investors appear rattled by growing skepticism over government policies and the ability to stabilize financial markets amid mounting pressures. Analysts warn that prolonged instability could deepen economic strain, raising fears of broader financial repercussions. The sharp depreciation underscores deepening doubts about the effectiveness of current economic strategies.
Concerns about management of economy trigger worst day for currency in more than 25 years
