In the last 1 year, the Indian Rupee has weakened not only against the US Dollar, Euro and Pound, but also against neighbouring currencies like the Pakistani Rupee and Bangladeshi Taka.
📉 Approx. 1-year change:
* INR vs USD: Rupee has touched record-low levels near ₹96 per $1
* INR vs PKR: ₹1 was around 3.29 PKR last year, now around 2.91 PKR
* INR vs BDT: ₹1 was around 1.40 BDT last year, now around 1.28 BDT
This shows that the pressure on the rupee is not limited to the dollar alone. Global oil prices, foreign investor outflows, import pressure and a strong dollar are all affecting India’s currency strength.
A weaker rupee can make imports, fuel, foreign travel, overseas education and international payments more expensive. At the same time, exporters and people receiving foreign remittances may benefit.
Currency is not just an economic number — it directly affects the cost of living, business margins and the common person’s pocket.
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