There’s a fair chance that the rupee will come out as a weaker currency over time. So, every rupee you own will buy you fewer goods and services in dollar terms. Conversely, every dollar will buy you more things in India. And this is why investing in the international market is a smart idea
What s behind the rupee s never-ending depreciation? moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
According to the data released by Reserve Bank of India on 12 April, India s forex jumed to $648.562 billion which is the seventh consecutive week of a jump in overall reserves.