Tag: Power and energy sector

How did the Indian rupee got burnt by the wrath of coal?

By Priya Chetty on October 4, 2013 2 Comments

The Indian rupee has seen one of its worst times in the recent days, climbing to Rs. 65 per USD during the month of August 2013, up from only around Rs. 50/dollar in November 2012. It has created a chaotic situation in the country’s economy as the government and common man struggles to keep up with the expenses which just keeps rising everyday.

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