Thursday, August 15, 2013

The volatile journey of Indian rupee since independence | ummid.com

The volatile journey of Indian rupee since independence | ummid.com
The Indian rupee, which was at par with the American currency at the time of independence in 1947, hit a record low of 61.80 against the dollar recently. This means the Indian currency has depreciated by almost 62 times against the greenback in the past 66 years.