International Science Community Association International Research Journal of Social Sciences 2319 - 3565 3 7 2014 July 14 The Recent Depreciation of the INR against the USD: An Analysis of Currency Fluctuations 54 56 EN Nithya R. 1 Department of Psychology, PSG College of Arts and Science, Coimbatore, Tamil Nadu, INDIA P. Mahendran 2 Arshad Ali 1 Centre for Media and Communication Studies, University of Gujrat, Post code 50700 Gujrat, Punjab, PAKISTAN HassanSyed Ali 2 S.V. Chandrashekar 1 School of Criminology and Criminal Justice, Rani Channamma University, Belagavi, Karnataka, INDIA Kesarwani Ranjana 1 International Institute for Population Sciences (IIPS), Mumbai, INDIA Yadav Awdhesh 2 Upadhyay 1 Makhanlal Chaturvedi Rashtriya Patrakarita Evam Sanchar Vishwavidyalaya, Bhopal, INDIA Indu BalKrishna 2 Maheswari K.Kavitha 1 P.G. and Research Department of Social Work, Shrimati Indira Gandhi College, Tiruchirappalli-620002, Tamil Nadu, INDIA Singh J.GodwinPrem 2 P.G. and Research Department of Social Work, Bishop Heber College,Tiruchirappalli- 620017, Tamil Nadu, INDIA Dey Soumi 1 Dept. of Anthropology, University of Calcutta. West Bengal. INDIA SRFNaik P.RajenderKumar 1 Research Scholar, Dept. of Public Administration Osmania University, Hyderabad, INDIA Sutapa Saryal 1 DAV College, Sector 10, Chandigarh, INDIA Narasimhan V.K. 1 BITS Pilani KK Birla Goa Campus > Research Article 2014 5 14 2014 July 14 The exchange rate of the USD against the INR had been roughly steady at around 45.00 for a long period, until the subprime crisis of 2008. But post the crisis, some effects of the crisis, as well as some effects of the responses by regulatory authorities all over the world to the crisis led to a fluctuation in the currency exchange rates, causing it to go to almost as high as 70 over the past year. This has had serious ramifications for the Indian economy, as the US Dollar is one of the most widely used global currencies. This article tries to delve deep into the global economic environment after the crisis and analyze the various factors responsible for this significant fluctuation and depreciation in the value of the Indian Rupee against the US Dollar Copyright@ International Science Community Association