"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
~Francois Bernier
You must been heard of rupee’s steep fall in the last few days or weeks. The question that must be posed is, what it means to a common man. Of course, every macro-economic, overall economic environment, change has an impact on every citizen of its country; India is no exception for that. Well, we’ll go through the reasons for the fall, implications of falling currency and the possible solutions to control the falling rupee.
There is a saying in Hindu mythology, “there are 1...
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