Will the falling rupee increase the defeat chances of UPA The - TopicsExpress

Will the falling rupee increase the defeat chances of UPA The Indian Rupee is losing value rapidly against all major foreign currencies particularly the US Dollar and the gold price is increasing by leaps and bounds. While the Dollar is now trading at about Rs 68 the price of the yellow metal is kissing the range of Rs 35,000 for each ten grams. The public of the country is unhappy with the situation. Elections are going to be held for the assemblies of the four states of Delhi, Uttarakhand, Rajasthan and Madhya Pradesh before the end of the current year and the Lok Sabha elections are due in the first half of the next year. Many people think that this popular unhappiness will adversely affect the fortunes of the Congress party and its UPA allies in all these elections. globalrecorder/articles/global-newspaper/myviews/my-views-issue-no-august-30-2013

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