The Indian rupee, losing its value since last year, has now hit an all-time low against the US dollar.<br /><br />The currency has lost more than 20 per cent since 2011, contributing to a slow down of India's GDP growth and a widening of its fiscal deficit.<br /><br />Critics blame the government's indecision in introducing financial reforms as the main cause for the rupee's current crisis.<br /><br />A greatly devalued rupee means a ballooning import bill, as India buys about 80 per cent of its oil from abroad.<br /><br />India's vulnerability to the eurozone crisis is also pushing the rupee downward. <br /><br />Al Jazeera's Prerna Suri reports from New Delhi.
