The indian rupee inr traded at inr 5900usd on january 2, Financial Management

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The indian rupee inr traded at inr 5900usd on january 2

The Indian Rupee (INR) traded at INR 59.00/USD on January 2, 2013. On December 11, 2013, its value was INR61.45/USD. What was the percentage change in its value?

1. INR went up in value by 3.99 percent against USD.

2. INR went down in value by 3.99 percent against USD.

3. INR went up in value by 4.15 percent against USD.

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Financial Management: The indian rupee inr traded at inr 5900usd on january 2

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