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why INR is becoming weak against USD

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(Querist)
24 October 2008 what is the reason that rupee is becoming weak against USD,particularly, given the present situation of the economy in US.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
24 October 2008 It is because of the large scale pulling out of investments by FIIs. Unfortunately, the global currency continues to be dollar despite US economy set backs.
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CA Bosu babu

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CA Bosu babu (Expert)
24 October 2008 Short selling of shares by the FIIs in the spot as wel as future markets since effect of Inflation through out the world. especially in America....
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Jitender

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Jitender (Expert)
26 October 2008 excessive demand of us dollars.

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