Weakening rupee against US dollar
INR is weakening and therefore dollar value in india has risen. Yesterday it was US $ = INR 43.3 . The weakening of rupee was mainly due to high inflation rate which has touched more than 11% in past 2 months officially and finance minster says that it will take several weeks to lower down inflation rate. Inflation in india jumped from ~7% to ~11% when petrol prices in india were raised from INR 50/litre to INR 55/litre.