What is the reason behind down fall of Rupee in August 2013?

Why Rupee is going down? What exactly does the term Rupee Depreciation mean?



In simple terms, Rupee depreciation means that the rupee has become less valuable with respect to US dollar and other countries can buy more from Indian markets by spending the same amount of dollars, which in turn means that our exports are more lucrative to foreign countries.(Since all the business transactions