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What The Great Fall of Rupee Means For Investors

May 20, 2022 21:58

In 2022, the Indian Rupee has depreciated by 3.5 percent against the US dollar. The rupee has fallen by more than 1.2 percent in the last month alone. Five years ago, in 2017, the rupee was worth Rs. 64.60 against the US dollar. Fueling Inflation:The fall in the rupee is increasing the cost of imports […]

Falling… Falling…. Falling. Rupee Hits All Time Low!

May 15, 2022 20:18

What does it mean when rupee falls? Simply put, a fall in the value of a currency tells about its exchange rate versus other currencies. Today, ₹77.41 can buy $1. In layman terms, the US$ is 77.41 times stronger that one Indian rupee. But has it fallen earlier? Yes. On several occasions. However, this week […]