The saga of sinking INR...

The Value of Rupee is all time low, at present. The value of Dollar, as compared to INR is Rs. 52.3 and GBP [Great Britian Pound] is Rs.82.9, as on today..
One is obligatory to discover the reason behind such a huge of fall in our currency value as there is not any visible grounds that one can suspect of, other than Indian Govt.’s inefficiency and may be, intentions...
The rainfall has been unvarying since few years and nation not really facing any severe drought like situation.
But,
Still, the value of Indian Rupee has degraded and stooped to its lowest..
When India attained independence on 15th August 1947, there was no debt on Indian economy and the value of 1 Rs.=1 $!!! With the introduction of Five year plan, the Indian Govt. needed funds, thus they started borrowing and started devaluing Indian Rupee. This situation was worsened when Indo-China war broke out in 1962 and later during Indo-Pak war in 1965.The Rupee was further de-valued as India needed finances to buy weapon.
In 1966, when Mrs. Indira Gandhi became the P.M. the inflation had reached to its peak.To maintain the US aids, USA Govt. demanded and pressurized to further devalue the Indian currency against US and kept the value of INR at Rs.7=$1. The then ministers Mr. Krismachari and Mr. Kamraj opposed vehemently to this policy but to no avail as Mrs. Gandhi was adamant about having the US aid.
After 1970, the value of US$ grew stronger to INR due to incompetence of Indian politician, the then Govt. of Mrs. Gandhi and bully of US. The exchange rate of $1=Rs.7.47 in 1970 which rose to $1=Rs.8.40.in 1975. After the assassination of Mrs. Indira Gandhi in 1984 and the Bofors scandal as well as tumbling of Mr. Rajiv Gandhi’s governance brought the INR still further down to $1=Rs. 12.36 in 1985. In 1990, the value of 1 US $=INR 17.50...
Whenever India faced economic crisis, US made India de-value the INR by giving financial aids or trading benefits. In 1991, under Shri Narsimha Rao’s govt. India faced dire drop in INR against US$. The Indian Forex Reserve sunk to its bottom  and at a point of time, the Indian Forex Reserve was as low which allowed payment of only 3 months import bills. To overcome this crisis, Indian Govt. borrowed hugely from International Monetary Funds [IMF]  with the condition that INR would be de-valued further. Due to this, the 1 US$ became 24.38INR. from Rs. 16.49.
After this, the US dollar has been on ascending spree. 1 US $= 28.97 INR in 1992. In 1995, 1 US$=34.96 INR. In year 2000, 1 US $= INR 46.78.
But,
In 2002, for the first time in the history, the INR became stronger than the US $. In December 2002, the value of INR=48.14 and in 2003, the INR was 45.57 and in 2004, the INR was 43.84 as compared to 1 US $.
Today, the value of Dollar as compared to INR is on top. It makes one wonder, the cause behind this....
The reasons can be plenty..
Whenever the value of INR has dripped, naturally the foreign investment has flown in. Not the entire investment, is fair purpose investments. Lately, whenever the  Rupee is de-valued, it is accompanied by colossal amount of Black money invested by Indians in foreign banks.
It is very important to control the de- valuation of Indian Rupee to prevent the decay of Indian economy.