Rupee, who has fallen to record the lowest session by session, floated at the main psychological level of 80 to one dollar.

Although it is true that the falling currency exacerbated the imported inflation and in the end was able to injure other macroeconomic fundamentals, Rupee had actually behaved very well so far.

Consider this: several other developing markets and even the market currency developed has dropped more than rupees so far this year. This implies that even though Rupees have lost their value to Greenback, it has actually been obtained against this currency.

Rupee continues to live in the middle of the EM package, with its performance of the dollar left behind his colleagues from Indonesia and Malaysia but in front of his colleagues in South Africa.

In addition, the decline in rupees is now correcting the price that is relatively excessive to a vast basket of currencies, which is also something that can be valued.

So, while the falling rupees can clamp your pocket, remember that this is part of a global trend when the surge of crude oil and commodities has pushed inflation, even when running for safety pushing the dollar.

In India, the central bank and the government have come out with a raft of steps to ensure that the currency movement is not fluctuating.

Believe them to follow up with more and when needed.