Saturday 3 August 2013

Indian Rupee Vs the US Dollar since Independence



It is such headlines over the past fortnight that have nudged me into finding out how the exchange rate between the INR & USD has changed since Independence.

To do that, I noted the info available and plotted the same on a chart .....

What is startling that till 1975 the exchange rate was 10 ! In the last year 38 years, the Rupee has fallen over 469% ! Wow....and here are talking about India's economic might and laughning upon EU & US ecomomies slowing down !

The economic brains using up tax-payers money like Montek Singh, the PM himself, the Members of so-called Planning(?) Commission..
 and more....! Can we have someone just use plain common-sense and get our Nation going !

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