Rupee is 61.80 against 1 dollar. Our currency is devaluing - TopicsExpress

Rupee is 61.80 against 1 dollar. Our currency is devaluing further. Now Reserve bank of india hav to increase rate of interest in form of repo rate and reverse repo rate. And again your instalments of loan can be dearer further. PRESENT GOVT. In last few years has derailed india completely. From prime minister to Defence minister, all appears coward,unintelligent and even corrupt too. Otherwise there is no reason the way Our GDP MEANS growth domestic production is decreasing and our fiscal deficit has reached to alarming level.

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