Rupee falling against dollar !!

By | November 4, 2022

In recent times Rupee currency has shown a sharp declining trends against the US dollars. Currently one US dollar costs approx. Rs. 82.70. The same dollar costed 2 months back INR 80.00. Therefore, in just two moths the rupee has depreciated, or has lost its value, by almost 3.5%. It is worrisome. Weakening of rupee against dollar has the ripple effects on the price of other commodities.