> Sorry the global crude oil prices are soaring, thanks to sanctions on India's major oil supplier(Iran). Major world economies are in a state of war since the

> Sorry the global crude oil prices are soaring, thanks to sanctions on India's major oil supplier(Iran). Major world economies are in a state of war since the whole past decade. None of these are under RBI or Government of India's control. Only and only thing makes a currency depreciate in its value, and that is increasing the money supply by the Central bank. Even if the currency is being dumped by a foreign nation which purchased it in past, it still is merely a delayed loss of value being visible. Plus what the hell does the war in the past decade have to do with inflation of last year. Indian rupee was in low 40s, and now it has gone to high 60s, only and only the entity which is allowed to issue Indian rupee is responsible for it(measuring it in dollars is just an expression, I can measure it in kgs of wheat too and it will be the same problem).