India's central bank steps in as rupee sinks further
16 May 2012 Last updated at 17:23 BST
The Indian central bank has been intervening in currency markets to buy the rupee, after it sank to a five month low against the US dollar.
The weakness is being put down to a run of bad economic news but some experts say that allowing the rupee to fall further may help the economy rather than hinder it.
Adrienne Murray reports.