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Depreciation of Rupee

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Depreciation of Rupee
Introduction
D UDAY Kumar exhibited his profound creativity in designing a new symbol for an Indian Rupee but it failed to ignite any excitement, either in India or abroad for the simple reason that Indian Rupee is a beleaguered currency now, for it has lost its sheen over the years. A rich title for a poor currency!
The value of Indian Rupee has devalued greatly since independence, notwithstanding some small measly upswings against dollar sometimes which is touted as a strengthening Rupee. The fact is that the real value of rupee has touched its nadir
With every passing day Rupee is making new lows but for a common person it is not easy to understand the reason behind this steep fall and he keeps on asking himself a question 'Why is rupee depreciating? why indian currency is weak, why indian currency is falling down, why indian currency is depreciating?,
Dollar after being stable for a long time now is climbing back up against the rupee. What do you think? Is it the right time that politician's money from Swiss banks should be taken out or will it be really late for us? Or we start depending on our own oil resources and stop importing the yellow metal from outside?
Recession is less in India, then why dollar is moving up when rupee must be strong.
We all know about recession and it is worse in US and better in India, then how come dollar is appreciating with respect to Indian rupee? Don't you think that Indian rupee should go up and US dollar should move down?
There are so many reasons of depreciating rupee
Why dollar is moving up and rupee is going down? There has been a recent fall in rupee since some days ago and a dramatic increase in dollar. It was 49.50, then 50.12, 51.10, 52.60, 53.54, 54.40 and stable, and now
What is the current rate of dollar?
1 US dollar = 61.65 Indian rupees.
The oil minister is going to raise petrol prices by the third quarter of this year as rupee is down again. RBI is always trying to protect rupee by selling off

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