The moment Swiss bank changed their rate Euro crashed 25% to it. It has pretty much declined against INR by that much as well in past six months. Good for you that your government rather borrow money and spend it lavishly to buy votes instead of doing anything worthwhile with it like India.

Only a matter of time when Euro will have no real value if you continue down this path. Your whole continent is pretty much acting like Greece. Corrupt but pretending there's any substance.