Impact of falling rupee and how to deal with it4 min read 19 Sep 2018, 09:00 AM IST
The sharp decline of the rupee against the US dollar affects most of us, directly and indirectly. Here are some measures you can take to hedge against the risks
The Indian rupee, which has been depreciating against the US dollar over the past few weeks, touched and closed at an all-time low of 72.97 per US dollar on 18 September, down 0.63% from its previous day’s close at 72.51. A year ago, on 18 September 2017, one US dollar would get you ₹ 64.14.