Nova2
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Indian rupee was 39 in 1997 , it fell down to 44 in 1999 and hovered around 44 untill 2006 before appreciating back to 39 Again in 2007 and then hovered around to 44-45 mark untill 2010,from 1999 to 2010 it has stood around 45 mark,in other words it was stable for 11 yrs.It was only after European crises in 2011 it fell down below 50 and touched its lowest of 68/$ in Aug 2013, but apreciated back to 60 in Jan 2014 and almost 11months down the line it keeps hovering between 59-62mark,hence even today 20 Oct'14 rupee is at 61 just were you had seen it before . Not to forget it was not allowed to appreciate furture by RBI during general elections in may when it has almost touched 57 mark. Bottom line is Rupee is stable for almost a year now,so calling the rupee to be collapsing shows his konwledge about the Indian currency,in short he was trollingI read in an article that India's Rupee was at 39 only a few years ago, then fell to 61 in a notable incident.
I'm not sure where it is now.
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