Tag Archives: Currency

Why is Indian Rupee (INR) depreciating?

Record high: 1.00 USD = 58.1573 INR

Record high: 1.00 USD = 58.1573 INR

The conversion rate from 1 USD to INR climbs to record high today. It almost bankrupted me (I invested tons of money in Forex (crying). Luckily it doesn’t kill me because, after all, it is just money). INR has been weakening for so many years. In fact, since 40 years ago.

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