Tag Archives: RBI POLICIES

Why Rupee fall is not all bad news?

In last one year India Rupee depreciated 10% against US Dollar, from 60.38 on Sept 9th 2014 to 66.68 on Sept 8th 2015. This might sound like a big fall, particularly If you consider the long-term average of around 5%(Ref Table 1), Rupee depreciated more than double the average in last one year.

TABLE OF RUPEEA mere statement by US Fed about ending its quantitative easing programme, sent the rupee to all time low of 68.8 in Aug 2013. This event also had a similar impact across the world currencies. Continue reading