Reasons why the rupee is falling every day
The rupee fell past 69 to the dollar to a record low on Wednesday,
plunging as much as 4 per cent to hit 69.08, The rupee has fallen by 9 %
in the last few trading sessions. Here are 10 main reasons that experts
say are responsible for the Indian rupee -- which has depreciated as
much as 20 per cent this year -- to touch new lows each passing day:
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- Food Security Bill, after it got passed in LS day before yesterday, Rupee took it for a ride and fall got accentuated from past 2 tradign session. It is an ambitious program by Sonia Gandhi which Indian Economy is not willing to bear.
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