Posted inBusiness

Rupee vs Dollar: Why the Indian Rupee Is Depreciating Against the US Dollar

India has been battling the depreciation of the rupee against the US dollar for years, significantly impacting international trade, particularly imports. As of today, 1 US dollar equals between Rs 94.30 and Rs 94.55. The falling value of the Indian rupee increases the cost of imports such as crude oil, machinery, medical equipment, and electronic […]