These days, when we surf in T.V. channels, zapping one channel to another, we find news flashing; rupee hitting new low, rupee down in early trade, rupee free fall to raise crude prices, rupee to slip further. Many questions arises in layman’s mind…….why is rupee depreciating? Are we going into recession? How are we affected by rupee fall?
This presentation provides an overview of how the currency movement is determined? What path rupee had followed since 1991? What is the current scenario of rupee v/s dollar? What are the reasons behind depreciation of rupee? What is the impact of rupee depreciation; the losers and the gainers, RBI’s corrective role and why it has failed and last but not the least the suggestions to improve.