Of late, there has been much fuss about the falling rate of US dollar. I thought, I would pull in data from oanda.com and analyze the results. To much of my surprise, US Dollar was not only falling in the recent past, but over the past five years, Dollar has gone down drastically against the Ultra strong Indian currency.
I prepared a excel graph from the data, I pulled from oanda.com and though I would publish them here…
Look at them for yourself.
$ Vs INR over the past 5 years:
$ Vs INR over the past 15 months:
$ Vs INR most crucial period (March – April 2007):
Where will this lead to?
(Indians in US, Please excuse, but this is the truth…)
Mugunth
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