Rupee was valued at 4/dollar in 1948, has fallen 2000% since
In 1948, one US dollar could be bought for less than Rs 4, but the currency has seen over a 2000% devaluation since, hitting a record low of 70.08 today. Before being made a floating currency, the Rupee was devalued four times. The currency was allowed to float in 1993, briefly rising in the mid-2000s, before sinking from 2008.