Slower, but growing ; A stronger rupee is hurting exports and it may hurt some more. But total exports may still rise by 25-30 per cent this year.Rishi Joshi
But it is also obviously an important factor in driving the inflation process. A stronger dollar causes the domestic price of imported goods to be lower, and I would argue that at this juncture, where inflation seems much too high and much more out of whack relative to target, U.S. polic...
Why are the market exchange rates of any two different countries' currencies generally different than their "Purchasing Power Parity" (PPP) rates? The INR/$ exchange rate was approximately 20Rs/$1, 25 odd years ago. Why has the rupee dep...
Examples:US Dollars ($1, $10, $100, etc.), Indian Rupee (₹10, ₹20, ₹100, etc.), etc. It is important to note that, nowadays, fiat money is the most common type of currency. In contrast, representative money is not very common, and convertible money is no longer in circu...
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where inflation seems much too high and much more out of whack relative to target, U.S. policy makers are probably looking at the stronger dollar and are quite pleased with the help they are getting on the inflation front, rather than the fact that, on net, it’s a little bit of a ...