ReferIndia News Gold vs Growth: What rising global tensions mean for rupee stability

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Gold vs Growth: What rising global tensions mean for rupee stability

Published on: March 1, 2026, 7:33 p.m. | Source: Zee News

History shows that wars and economic crises often weaken currencies. During World War I, many countries abandoned the gold standard to fund military spending, leading to inflation and long-term currency pressure. The Great Depression and World War II further disrupted global monetary systems, as governments printed money aggressively to support fragile economies.

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