India rupee may fall further against the US dollar
India's economy has been grappling with a drop in the value of its currency.
The Indian rupee has fallen almost 25% against the US dollar in the past 12 months.
While India's central bank, the Reserve Bank of India, has taken some measures to try and prop up the rupee, it continues to remain under pressure.
Peter Redward from Redward Associates told the BBC's Asia Business Report that India's economic challenges have been pushing down the value of its currency, and that previous forecasts of its value had been too optimistic.
13 Jun 2012
- From the section Business