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Rupee's condition is still much better than other falling currencies.

The condition of Indian rupee is getting worse every day against the dollar. In such a situation, the country has to undergo a lot of worry. Indian Rupee has created a new record of decline. On Monday, the rupee was 72.67 against the dollar. This is the lowest level ever. Not only this, experts say that the condition of rupee is going to get worse. Rupee has started trading with a slight increase on Tuesday, even after this, the rupee remains at 72.

There has been an uproar over the decline of rupee in the country. Where on the one hand the target has been reduced due to the rupee collapse on the Congress government, the central government has also been caught in difficulties due to rising oil prices. Due to falling rupee many challenges remain in front of India's economy. But you must be surprised to know that in this race of falling values only rupee is not alone. There are also currencies of other countries, which are rapidly declining.
For your information, let us know if we see the statistics of last five years, the rupee has broken only 15.52 percent. While the currencies of many other countries have fallen to 100 percent. Continuous strengthening of dollar, rising crude oil prices and the economic crisis in Turkey and Venezuela have broken the waist of many countries. For this reason, many countries have lost their currencies. During the past 5 years, Argentina has seen the worst decline in currency peso.

You will not be surprised to know that during the last 5 years, the currency of Argentina peso has dropped by 546.72% against Dollar. The Turkish Lira is on second number in terms of falling currencies. In comparison to the Dollar, Turkish Lira has fallen 221 percent in the last 5 years. Russia's currency Ruble is also in this list. In dollar terms, Russia's ruble is at third place. In the last 5 years, Ruble has seen a decline of 117.41 percent. After that Brazil's currency has dropped down 84 percent.

In this trend of falling currencies, South Africa's Rand dropped 51.42 percent, Mexican Peso 47.15 and Indonesian Rupee down by 28.17 percent. If there is talk of rupees, only 15.52 percent fall in Rupee has been seen in this period. China's currency fell by 12 percent and Singapore Dollar fell by 9.63 percent. Thus, it is not only the Indian rupee but also the currencies of other countries which are weakening against the dollar. There are new challenges in front of different countries around the world. Difficulties are increasing due to the conditions being prepared at the international level.
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