New Delhi, Dec. 5 -- The Indian rupee's slide past Rs.90 per US dollar marks its weakest level ever and is a major concern for the country. This record-low level has sparked widespread criticism of the government. While currency fluctuations may seem technical, a sharp and profound depreciation like this has a profoundly negative impact on ordinary citizens in very real and immediate ways.
The fallout affects everything from fuel bills to daily essentials, as well as job security and overseas education. The impact is both direct and indirect. To understand the full picture, it's vital to examine how a falling rupee affects everyday life and what experts are saying about this unprecedented decline.
Raj Gaikar, Research Analyst at SAMCO S...
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