Global oil prices have fallen sharply over the past seven months, leading to significant revenue shortfalls in many energy exporting nations however it has been seen as an opportunity for energy importing countries. From 2010 until mid-2014, world oil prices had been fairly stable, at around $110 a barrel. But since June prices have more than halved and has now dipped below $50 a barrel. This should translate into a strong rupee. However the rupee keeps on falling despite global decline in oil p...
