dollar Archives - India Alive

Never Before It Reached 71 Rupees per dollar

September 5, 2018September 5, 2018 Bestinwriting43demonetisation, dollar, Economy, Value of Rupee falls0 comment

If in the past few days you have been hearing that Rupee’s value is falling off at a fast pace then be ready for another shock. For the first time in history Value of Rupee falls down to 71 Rupees per dollar. This is something that never ever has happened in the history till now. At the time of demonetisation there were many opinions many economists saying that this was a good step in and all. Now as per the records and falling economy rate it doesn’t seem like it.…

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The Indian Rupee slides down to hit new low.

August 16, 2018 Admindollar, Indian rupee, turkey, US0 comment

When ever we have had to compare the Indian rupee to the US dollar, we approximated and rounded off one dollar to sixty rupees. But that amount has increased. The rupee could not prevent the landslide and on Thursday, its value went down to an all-time low of 70.32 against the US dollar. There was a plunge of 43 paise against the US dollar in opening trade. It hit a record low in foreign exchange and hit a record low of 70.25 a dollar. This is lower than the previous…