Business Standard

The fall & fall of the rupee

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Business Standard
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At a business awards function on Wednesday, Bharatiya Janata Party poll campaign chief and Gujarat Chief Minister Narendra Modi blamed the country's first prime minister Jawaharlal Nehru for setting the rupee on a downward slide. Business Standard traces the path of the Indian currency from being on a par against the dollar at the time of independence to where it's today, the economic events that triggered these falls and the prime ministers who saw through these.

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First Published: Jul 27 2013 | 10:31 PM IST

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