Rupee Crashes to Historic Low vis-a-vis US Dollar As Oil Prices Rise
Former Petroleum Secretary T.N.R.Rao and Paranjoy Guha Thakurta discuss the fall in the value of the rupee and the implications of the oil price rise.
The Indian rupee has fallen to an all-time low and PM Modi's campaign promise with respect to the currency has fallen flat. Meanwhile, global oil prices are on the rise after the US asked its allies to end all imports of Iranian oil by November. Former Petroleum Secretary T.N.R.Rao and Paranjoy Guha Thakurta discuss the fall in the value of the rupee and the implications of the oil price rise.
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