Explained: Why Is The Indian Rupee Falling?

The Indian Rupee hit an all-time low this week. On Monday, it reached 86.70 against the US dollar. Yesterday, there was a record single-day fall of 66 paise against the US dollar –the first such major decline in nearly two years. The drop was larger than the declines experienced by other asian currencies, such as Thailand, the Philippines, and Malaysia, which fell between 0.3% and 0.6%. Today, the Indian rupee was at 86.59 against the US Dollar on last count. Shubham Chohan explains #IndianRupee #USDollar #INR #HWNews #USD To get the latest news updates at your fingertips, download the HW News Shorts app: https://onelink.to/85hk86 Support independent journalism by subscribing to HW News English Premium Newsletter: https://hwnews.in/subscribe-us/ To Join Youtube Membership -    / @hwnewsenglish   SUBSCRIBE to HW News English Here ► http://bit.ly/Subscribe-HWNews-English Connect With Us On: → Facebook:   / hwnewsenglish   → Twitter:   / hwnewsenglish   → Instagram:   / hwnewsenglish   → Whatsapp: https://whatsapp.com/channel/0029Vad9... → Dailymotion : https://www.dailymotion.com/hwenglish For More Videos Visit Here: https://hwnews.in/