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Debjit Mukherjee: This is the first time in the history of Indian economy that the price of one dollar has reached Rs 80. In the end, however, the American currency rose by 16 paise, stopping at Rs 79.98.
On Tuesday, the price of 1 US dollar stood at Rs 80.06. In the end, however, the American currency rose by 16 paise, stopping at Rs 79.98. But why is the price of money falling like this? Union Finance Minister Nirmala Sitharaman told the Parliament on Monday that the fall in the value of rupee is due to various global reasons like continuous increase in the price of crude oil, global financial recession, lack of foreign investment.
