Reason of fall in rupees prices

The fall in rupee can be primarily contributed by global factors.  As India imports 70percent of its oil needs spent USD 87.7 billion or Rs 5.65 lakh crore on importing 220.43 ...

RBI aims to reduce demand of Gold following historical fall of INR vs USD

Reserve Bank of India (RBI) move to stock Gold under the Sovereign Gold Bond Scheme The government of India recently launched a Sovereign Gold Scheme to provide an alternate option when it ...

USD vs INR: Fall of INR History, Impact on Import, Inflation, Fuel Prices

Indian Rupee Record fall against US Dollar History, Impact on Import, Inflation, Fuel Prices in 2018 The Rupee fell to the lowest level of 71 rupees per dollar on 31st August 2018. The ...