Will the Indian rupee ever become stronger than the US dollar? If India stops trading with China, how will it effect the Chinese and Indian economies? If depreciation of currency increases exports, then why was India's trade deficit increased when 1 dollar was equal to Rupees 70? If the do...
If depreciation of currency increases exports, then why was India's trade deficit increased when 1 dollar was equal to Rupees 70? How bad will the Chinese economy suffer in a trade war with the US? What is the effect of the comparative advantage of a country in their...
"There are five people in my family. My parents retired four years ago. I now get paid 40,000 rupees (some 600 U.S. dollar) more than before. If you have a good income, naturally you can give your family a better life," she said. "In my free time, I also teach Chinese. Last...
With a range of 300 km per charge, the average operating cost of a BYD electric bus is around 5 rupees (0.07 U.S. dollar) per km, less than one-third of a fuel bus. "They look fantastic and modern plus eco-friendly too!" said a message on Indian social media on reports of testi...
Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison of China vs India
For example, the current spot gold price for 1 gram of gold would be converted into Indian Rupees according to the current exchange rate. How is the current price of gold per ounce determined? There are many factors that contribute to the current price of gold. Chief among these factors is...
and Asian, African, and Latin American countries. Meanwhile, the yuan surpassed the U.S. dollar to become the most-used currency in China’s cross-border transactions. Indian policymakers have also taken steps towards shifting away from the dollar to rubles and rupees in mutual trade with ...
CNBC has reached out to Apple to ask about the manufacturing plans in India for the iPhone 15. The price rises in both India and China can be partly explained by the fact that their respective currencies, the Indian rupee and Chinese yuan, have depreciated against the U.S. dollar in...
India, too, has extended a fuel credit line to Sri Lanka by another 200 million US dollars which will enable the latter to import another four fuel shipments while another 500 million US dollar credit line is also under discussion, Power and Energy Minister Kanchana Wijesekera said o...
China is already a major investor in US Treasuries, but with uncertainty surrounding the future direction of the US dollar and the Yuan, the search for alternative international asset choices for the PBoC's balance sheet may lead to a focus on gold. WGC estimates that if the PBoC decides to...