Value of indian rupee in the Historical Decline..!?

Foreign investment in the indian market continues to flow out due to the recession in the international investment market. As a result, not only is India's foreign exchange reserves declining, but the indian rupee continues to depreciate against the US dollar. As a result, the prices of all goods imported into india are increasing. Everything from crude oil in particular to food items, smartphones, and accessories is on the rise.The indian rupee hit a new low of 77.73 against the US dollar in early trade on Thursday. The rupee has depreciated five times in the last ten trading days, hitting a new historic low against the US dollar. All the foreign investments are accumulating in the bond market as the central banks of the world countries are raising interest rates while many leading companies in the stock market are facing a sharp decline due to inflation.As a result, not only the indian rupee but also the Japanese yen, the Chinese yuan, and the Korean yen have fallen to dominate the dollar. In particular, the Pakistani rupee is at an all-time low of 201.21. At the Interbank Foreign Exchange (Forex) market, the rupee depreciated by 77.72 to a low of 77.76 and a high of 77.63 against the dollar.The rupee had depreciated to 77.61 against the dollar on wednesday due to inflation and the recession, but today it fell to 77.76, shocking the central government. At the same time, the rupee would have faced even more losses if the reserve bank of india had not raised interest rates and adjusted the dollar balance. 

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