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Fall of the Rupee

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Tags: CNBC-TV18DBS Bankdollareuro crisisEuroCrisiseventsFinancegold pricesGoldPricesIndiaIndiannew-delhi-jesus-and-mary-collegeP. ChidambaramRBIrupeeUnited States Dollar b vs Indian Rupee Spot

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Indian Rupee has been making records these days by plunging to new depths against US dollar. It has fallen today to 58.22 against the US Dollar. May factors are attributed to this fall. US Dollar has been doing well against many currencies because the country has been able to create more jobs than expected. In India, the increased demand for the US currency from banks and importers has been one of the causes behind the fall of the currency of the nation. The other causes include the sudden ...

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