Associate Professor, Department of Management Studies, Ymca University of Science & Technology, Faridabad
Online published on 8 April, 2014.
An Indian Rupee exchange rate depreciated as it is the obvious situation of crisis. To reach beyond Rs.63 per dollar is so shocking for an Indian economy that it is the alarming time to review on the long list of economic reforms. India may face its worst financial crisis in decades if it fails to stem a slide in the rupee, leaving the central bank with a difficult choice over how to make the best use of its limited reserves to maintain the confidence of foreign investors.
The fall in the value of Indian rupee has several consequences which could have mixed effects on Indian economy. The present paper is sincere attempt to analyze the critical situation of a country in reference to present position of currency. The economy may rise if the ground level practical implications will work.
(1) Exchange rate, (2) Indian Economy, (3) Depreciation, (4) Devaluation
