Finance Minister Arun Jaitley on Wednesday said the recent trend in the Indian rupee's devaluation has been caused due to external factors. "If you look at the domestic economic situation and global situation, there are no domestic reasons attributable to this (devaluation)," Jaitley said at a media briefing after the Union Cabinet met here. ►Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTimes?sub_confirmation=1 ►More Videos @ ETTV - http://economictimes.indiatimes.com/TV ►http://EconomicTimes.com ►For business news on the go, download ET app: Google Play - https://market.android.com/details?id=com.et.reader.activities iTunes - http://itunes.apple.com/us/app/the-economic-times/id474766725?ls=1&mt=8 Windows Store - http://www.windowsphone.com/en-US/apps/d73c2150-6acf-445b-b810-19a004b5d3e8 ►ET elsewhere: https://www.facebook.com/EconomicTimes http://twitter.com/economictimes https://plus.google.com/+TheEconomicTimes/ https://www.instagram.com/the_economic_times/ https://www.linkedin.com/company/the-economic-times