India 360: Rupee Falls To Record Low Against US Dollar; What Will Happen Next? Know From Global Expert Ajay Bagga

Today the Indian Rupee closed at 80.86 against the Dollar. Whereas, the Dollar Index reached its highest level at 111.80. The Yen tumbled to the lower 144 range and hit a new 24-year low against the U.S. Dollar. Experts say that, "The rupee is likely to continue depreciating further. Rupee may fall further to 81 or 81.50. After US Fed, RBI will also increase interest rates. Why Rupee declined? What will happen next in Rupee? Watch India 30 to know the opinion of Global Market Expert Ajay Bagga.