Take a look at this graph
If demand for the dollar in India is more than its supply, the rupee depreciates.
If demand for the dollar in India is more than its supply, the rupee depreciates.
Oil imports are adding to the stress
Dollar is getting stronger against other currencies
FII’s are in a dilemma whether to invest in India or not.
Rupee is screwed .
At the time of independence 1 Rupee =1$. The depreciation started when India started borrowing from others.
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