Rupee Under Debt

Rupee has been continuously sinking past few months making a new historic value each day.Today the Rupee has fallen to 54 a dollar which is a thing of worry for us.It has been down to 18% down now and is still moving downwards.


If we check out the world's currencies all have done well like dollar has risen to 3.5%, yen to 1.2%, but the Rupee has all down to worst in a decade.It has lost 7.1% over the last few months.The outflow of capital from the market is the major reason behind this huge depreciation of Rupee.While inflation has given high flights to dollar.Also the liquidity in European markets has been a secondary reason to worries of Rupee.


Poor investments and the lose of confidence in Asian markets has stopped the foreign aid to liquify these markets and thus Rupee got its reward.In countries like India where large number of population is under BPL has to survive with lot of difficulties in next years as chances of Rupee to fall more till 56 a dollar is predicted if these things will continue.All the food supplies,electronics,crude oil which is being imported frmo foreign countries is being costlier day by day and will go on like this.Rupee has its worst year this time and this leads to problem faced by many.