in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor...
For the very purpose of getting you ready for the challenge that is Current Affairs In India, we are covering the 2019 June current affairs including politics current affair, current affair news, science current affairs, general knowledge current affair, current government affair and international ...
Expected Rupee Depreciation:The rupee is predicted to depreciate by up to2.5%in the coming months, potentially reaching 88 against the US dollar, as US yields rise and expectations of a Federal Reserve interest rate cut diminish. RBI’s Foreign Exchange Reserves and Intervention:The RBI has spent...
Sikkim: It is a state in northeast India, bordered by Bhutan, Tibet and Nepal. Part of the Himalayas, the area has a dramatic landscape that includes India’s highest mountain, 8,586m Kangchenjunga. Sikkim will be the first state to roll out Universal Basic Income (UBI). The state has ...
(1998a,b). The standard approach to this hypothesis focuses on the issue that current consumption is equal to the share of the present discounted value of future expected net output or net assets. Therefore, the change in current consumption is determined by either change in interest rate or ...
India’s external debt grew by 8.2 percent to over 620 billion US dollar at the end of March this year. According to it, India’s external debt was over 573 billion dollar at the end of March, last year. Data Fact details: Commercial borrowings, Non-resident Indians (NRIs) deposits, ...
Nepal's Political Crisis Women Leading Relief Effort in Nepal Shinzo Abe & Japan's History Challenge Japan: The Apology Olympics Reviving the North Korea-Iran Axis? Humanity's War on Wildlife Celebrating Wars & Destruction New Face of Chinese Repression China's Economic Slowdown Cambodia's...
Exchange rates: This entry provides the official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat. Executive branch: This entry includes ...
• The United States had imposed 25 percent tariffs on 16 billion dollar worth of Chinese goods coming into the US. China immediately imposed retaliatory taxes on the same value of American products. • The move brings the total amount of goods flowing between the countries, subject to tarif...
He mentioned aspects such as that the dollarized Ecuadorian economy is in the recovery phase and that it advances to sustained growth; that the dollar is appreciating day by day, which “forces us to consider that although a salary increase internally stimulates the economy, it generates more...