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Why is Rupee falling against US Dollar?

In 1947, one USA Dollar was equal to the One Rupee. If you study the history of 65 years, you will see that Indian rupee is continually falling. This is not the question of current year 2012. From 65 years, same question are being asked by you and all the economist are giving its simple answer. US dollars' demand is increasing fast than Indian Rupee. It means USA's demand of Dollar is very high than India Rupee's demand. India becomes the only center to issue new notes for fulfilling the demand of USA Dollars. So, Indian currency is depreciating day by day. For learning purpose and for writing the same answer in your exam, this answer is OK.

But, I think, there is big conspiracy behind the falling of Indian rupee against US Dollar.

1st Conspiracy

 After independence, Indian politics and media  are trying to make India as second USA. For this, one side, Indian Govt. has decreased the prices of USA products through free trade. Now, you can understand how did one USA dollar get the power of 52 Rs.. It got through decreasing the prices. Now, products of USA won from Indian products. So, imports from past 65 years have increased thousands times. USA companies gave some commission in the form of bribe for getting freedom from tax. All money went to Swiss bank.

2nd Conspiracy


Second side, media invested his whole time for advertising the zero quality products as the amazing quality of the world. It has changed India culture. Now, Indians love to enjoy Christmas and gave USA gift. So, they started to more and more import. Moreover, media plays the role to increase the zero quality as best quality of USA products. If all these media is banned to advertise false statement in written or video, Indian currency can rise within two days.

3rd Conspiracy 

Whole world has been divided into two parts. One is developed and second is developing. USA wants to sell its all products and services in all developing country. For this, it has made WTO, World bank, IMF and other organistion who captured the developing countries in the loan and other foreign trade rules. Its benefit directly goes to USA companies, to survive and paying the cost of living in developing countries will more easy if dollar will boom and developing countries' currency will decrease. No, one important question relating to this. Why is Chinese yuan becoming strong day by day. In 2000, 8.28 Chinese yuan was equal to one dollar. But after understanding the conspiracy and it has started its domestic products. Now in 2012, only 6.3 yuan are equal to one dollar.So, India has to start to use its own product instead of importing everything from usa. India also should ban zero quality products of USA. Following the map of CNY/USA exchange rate

Historical Chinese Yuan Rate (CNY)
Year
CNY/USD
Year
CNY/USD
Year
CNY/USD
Year
CNY/USD
1981
1982
1983
1984
1985
1986
1987
1988
1989
1.71
1.90
1.98
2.33
2.94
3.46
3.73
3.73
3.77
1990
1991
1992
1993
1994
1995
1996
1997
1998
4.80
5.33
5.53
5.78
8.64
8.37
8.34
8.32
8.30
1999
2000
2001
2002
2003
2004
2005
2006
2007
8.28
8.28
8.28
8.28
8.28
8.28
8.19
7.97
7.61
2008
2009
2010
2011
6.95
6.83
6.77
6.46
     

COMMENTS

: 2
  1. very good,thanks for the good details .
    i got sme knowledge of gold price

    ReplyDelete
  2. as long as our indian politicians not taking any necessary steps to ban usa products and encourage local products. our rupee will decrease day by day

    ReplyDelete
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Accounting Education: Why is Rupee falling against US Dollar?
Why is Rupee falling against US Dollar?
Accounting Education
https://www.svtuition.org/2012/05/why-is-rupee-falling-against-us-dollar.html
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