News X: Rupee falls past 65 to dollar to record a new low
- 5 years ago
The Indian rupee breached the 65 mark against the dollar on Thursday surpassing the previous all-time low of 64.55.
The fall of rupee comes after Federal Reserve minutes hinted that the U.S was on course to begin withdrawal stimulus as early as next month.
The RBI's latest measure to tackle the crisis have proven ineffective..worsening the crisis even further
Despite the government's assurances the rupee is silently eating up our monthly budget
From essentials such as food and education to foreign vacations and the swanky gadget you plan to buy, the falling rupee will hurt you in more ways than one.
The average indian is poorer by 50 percent as compared to 2010. The prices of essentials and many other commodities have risen. Commodities quoted in global terms will now be more expensive.
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The fall of rupee comes after Federal Reserve minutes hinted that the U.S was on course to begin withdrawal stimulus as early as next month.
The RBI's latest measure to tackle the crisis have proven ineffective..worsening the crisis even further
Despite the government's assurances the rupee is silently eating up our monthly budget
From essentials such as food and education to foreign vacations and the swanky gadget you plan to buy, the falling rupee will hurt you in more ways than one.
The average indian is poorer by 50 percent as compared to 2010. The prices of essentials and many other commodities have risen. Commodities quoted in global terms will now be more expensive.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsx