VALUE OF RUPEE

in #money6 years ago

In 1948 ,one US dollar could be bought for less than Rs4,but the currency has seen over a 2000% devaluation since hitting a record low of Rs 70.08 today .Before being made a floating currency ,the rupee was devalued four times. the currency was allowed to float in 1993 , briefly rising in the mid-2000s, before sinking from 2008Rupee-and-dollar-e1529756430397-770x433.jpg

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