India being a developing economy with high inflation, depreciation of the currency is quite natural. Depreciation of rupee is good, so long as it is not volatile. A random depreciation that we have seen in the
What is the impact on the Indian economy, when the rupee value depreciates? Current Account Deficit: Technically speaking current account deficit is a loss calculated when the value of import is more than the value of total export. There may be many reasons behind it. For example...
For theIndian economy, a weaker Chinese currency had several implications. As a result of China's decision to let the yuan fall against the dollar, demand for dollars surged worldwide. That included India, where investors bought into thegreenback'ssafety at the expense of the rupee. The India...
What is the impact on the Indian economy, when the rupee value depreciates? What is the impact of positive externality on the working of a market? What would be the economic impact of removing a subsidy? What are the examples of market failure, ...
Section 3 puts forward the impact of various factors on the Indian economy. Section 4 reflects upon the findings and analysis conducted in the paper regarding the socioeconomic impact of COVID-19 imposed a nationwide lockdown on the Indian economy. Lastly, Section 5 presents the conclusion. 2....
On whether there was any discussion related to devaluation of the rupee to promote exports, Sitharaman said, “I have not said and I am not saying anything on devaluation. There was nothing discussed on it.”Worried over continuous slowdown in exports, the commerce ministry is pressing for ...
Second, governments are heav- ily dependent on agricultural manufacturing industries and import goods that affect output. A large number of studies conducted on the impact of exchange rate on the economy mostly considered exchange rate channel while macroeconomic variables, i.e., GDP growth, GDP ...
The Indian rupee has been driven to a new low of Rs 68 to a Dollar, largely by the uncontrolled Current Account Deficit (CAD) and the decline in economic growth. But the RBI and the Finance ministry's attempts at controlling the exchange rate appear to be measures that treat the symptoms...
Since the great depression of 2008, the Indian economy has been continuously slowing down. Most of the times IIP index had been falling and the growth had been perpetually shrinking. Steep fall in the rupee against the US dollar, dismal GDP growth outlook, declining corporate profitability, huge...
Current Account Deficit RateForex ReserveMoving from bad to worse the rupee has touched the historic all time low rate of '68.80 against USD in August 2013 and still stuck around '60. At the time of inSehrawat, GauravSingh, PardeepSocial Science Electronic Publishing...