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    ISAS Briefs

    Quick analytical responses to occurrences in South Asia

    241 : Performance of the Indian Rupee: A Comment

    S Narayan, Head of Research and Visiting Senior Research Fellow at the ISAS

    22 May 2012

    The Indian Rupee has depreciated by around 22 per cent since August 2011, and is hovering around the 55-56 mark with reference to the United States Dollar. It has declined sharply since March 2012, and there has been considerable anguished comment about the reasons as well as the foreseeable trends in the value of this currency.