Aug 28, 2013, 05.35 PM IST

Indian rupee: 5 facts that will shock you

Not only has the rupee's value against the American dollar halved in two years time, it is also gearing up to witness biggest monthly decline since 1991.

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The Indian rupee has been the worst performing currency in the whole of emerging markets, at least in the month of August. Not only has the currency's value against the US dollar halved in two years, it is also gearing up to witness biggest monthly decline since 1991.

Here are five facts that will shock you:

The Indian rupee slid from 46.15/dollar in August 29, 2011 to 68.75/dollar in August 28, 2013--a plunge of whopping 49 percent.
On a monthly basis, the rupee depreciated 13.88 percent
YTD, the rupee has fallen 25 percent
The rupee fell 22% in July 1991, steepest before August 2013 happened
In March 1992, the rupee had fallen 11.5%








Also check: How the Indian rupee has weakened

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