Wednesday, 28 August 2013

In forex Market Indian rupee opened and ran down the fall became record. Rupee crossed 68, due to this fall inflation is expected to increase.
Rupee closed on record low 66.24 on Tuesday, and down fall is continue after trading started on morning. In last 3 months, the rupee has declined by 21%.
Indian share market suffered badly after this decline, BSE SENSEX opened 216 points lower and Nifty fell 100 points. The impact of rupee depreciation has seen on commodity market, Gold traded above 34000 and Silver traded above 58000.


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