Impact of Rupee Depreciation
The rupee has depreciated by more than 18 percent since May 2011, moreover with the rupee breaching the 53 dollar mark, profit margins of companies that import commodities or components would come under severe pressure, which could result in price increases for the consumer. The rupee depreciation will particularly hit the industrial sector and put higher pressure on their costs as items like oil, imported coal, metals and minerals, imported industrial intermediate products all are getting affected. Although the prices…
Historical Exchange Rate
Currency Rates or Exchange Rates can be found out on the below table. Just select the from-to dates and get the historical data on the exchange rates of india (INR) Vs other currencies - USD, Euro, GBP and Yen. You can also download the data in the excel file.