As we keep our eyes focused on the trend of the depreciating Indian Rupee, there doesn’t seem to be an end to the downfall in the currency of the world’s largest democracy that till recently was also one of the fastest growing economy in the world. Now even the thought of the exchange rate of the Indian rupee against the US Dollar gives me shivers as I can no more be sure of what the rate will be after a few minutes from that moment. Jokes apart, let us see if the falling Rupee is bad for everyone who has to transact with the currency, or are there also some positives to people and organizations.
What is “Depreciating Rupee?”
While I was writing this article, my sister overlooked what I was doing and asked me how can the Rupee depreciate? Continue reading “Depreciating Rupee is a “Beat or Treat” for India”