why indian rupee is falling down Archives

The Value of $1 in Indian Rupee (₹) History – Gold Silver Reports

Last Updated On October 7, 2018 7:48 AM by Neal Bhai

As we can see, there has been a clear upward trend in the Dollar value, set against INR. The question becomes why. Why is the value of Indian Rupee continuously depreciating, reaching its lowest ever?

Reasons For The Rupee’s Fall – Gold Silver Reports

Last Updated On October 7, 2018 5:58 AM by Neal Bhai

Reasons for the rupee’s fall

Global crude oil prices have been on a steady ascent, straining India’s finances. In October, brent crude oil prices breached the $85-per-barrel level for the first time in over four years. There are concerns that the $100-level may not be too far.