The year did not bring much cheer for the country’s economy as the rupee continued to slide for most of 2013. The rupee dropped by nearly 4% to a new low of 68.7 to the US dollar on 28 August amid growing concerns over the health of the country’s economy. It has recovered slightly but continues to perform weakly in the international market. Newspapers and pundits mostly added to the negative sentiment throughout the year. Now one hopes that the new year will bring renewed energy into India‘s struggling economy.
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