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Why Indian rupee goes down?
Due to the fact that most modern currencies are built upon trust or acceptance of value, the Indian rupee went down due to speculation of a future downturn in economic growth or less demand for Indian goods.
Appreciation of the Indian rupee and its impact on the Indian economy?
INDIAN RUPEE HAS MORE VALUE IN INDIAN ECONOMY THAN THE OTHER ECONOMY. IT HAS A GREAT VALUE BECAUSE OF FORIEGN CURENCY NOTE THEY GET LESS VALUE THAN THE INDIAN CURENCY. WHEN ANY FORIEGNER EXCHANGE THEIR DOLLAR INTO A CURENCY NOTE YHEN THEY GET THEIR VALUE ACCORDING TO THE MARKET VALUE . IN THAT CASE THEY HAVE TO SUFFERE PROFIT OR LOSS BUT WHEN ANY INDIAN EXCHANGE THEIR NOTE INTO A DOLLAR THEN THEY GET GOOD VALUE. ACCORDING TO MY POINT OF VIEW I WROTE SOME LINE. SO PLEASE TELL WHAT U THINK.
Appreciation of Indian rupee and its effect on IT industry?
The appreciation in Indian Rupee means less Rupees for every Dollar, naturally the IT companies who earn most of the revenue in Dollars would earn less money in Rupees which would result into decrease in their profits.
What is the value of 1 riyal in Pakistani rupees?
Hi, You can get the Pakistani rupee currency rates by going to the http://currate.com site. You will see the Pakistani rupee currency images on every currencies listed there. Hope you like it.
Indian rupee depreciation?
If 1 $ is 49 today compared what it was ie; 1 $= 43 Rs, it has depreciated against the US dollar making NRIs gain from it and also helping exports Eg :IT companies. NRI's can send more money into the country(India), make purchases and benefit from it, as they have to shell out lesser dollars for their purchases. Learn about rupee depreciation - Rupee depre­ci­a­tion means that rupee has become less valu­able with respect to dol­lar. If the rupee moves upward from 30 per dol­lar to 40 per dol­lar then rupee is said to depre­ci­ate. It means that rupee is now cheaper than what it used to be ear­lier, so if the dol­lar was Rs 30 and now it reached 40.
How much is fifty Rupee in American currency?
If you mean Indian Rupee (INR), it is less than a US Dollar. 1 USD = 49.00 INR Rate varies every day, Mon to Fri.!
Do checks collect interest?
No. They do not collect any interest. The value of the cheque is fixed and does not get changed. The amount entered in the cheque is the exact amount anyone who deposits this cheque will get. Not a rupee more and not a rupee less. That is why Cheques are called non-negotiable instruments.
Does red stone reflect more radiant heat?
because 5 rupee is less than 10 rupee
What does non negotiable mean on a cheque?
It means that the value of the cheque is fixed and it cannot be negotiated or changed. The amount entered in the cheque is the exact amount anyone who deposits this cheque will get. Not a rupee more and not a rupee less. That is why Cheques are called non-negotiable instruments.
Why the currencies rise and fall?
•Currencies in countries will rise as more people need it and as less people need it, it will fall. •Currency rates can rise and fall through the high rates. •If the countries economy is doing well, there will be more demand for the money there for raising the value.
How many currencies does the Yahoo exchange rate calculator support?
The Yahoo exchange rate calculator currently supports up to 153 currencies. It supports all major currencies as well as many other, less common currencies.
Is japaness YEn weaker than Indian rupee?
If every country currency started at the same time with a 1 to 1 exchange rate to others, you could say that since that time, a country with a more expensive currency has had a stronger economy, more or less. However, this is not the case. Exchange rates are fixed at various times in history and they can change at any moment if the government decides to do it. For instance, for those two currencies, here are the exchange rates to the US dollar over some years: "Currency Code 2000 1990 1980 1970 1960 1950 Indian Rupee INR 44.942 17.505 7.8629 7.5 4.7619 4.7619 Japanese Yen JPY 107.76 144.79 226.74 360 360 361.1 " Source: http://en.wikipedia.org/wiki/List_of_historical_exchange_rates This gives following value of the Indian rupie in yen over the years: 2000 1990 1980 1970 1960 1950 2.40 8.27 28.84 48.00 75.60 75.83 So if one Indian rupie is 2.40 yen in 2000, it was 75.83 yen in 1950. Since that time, it has always lost in value in comparison to the yen. Read more: If japan is too advanced than India than why one Indian rupee= 2.40yen? | Answerbag http://www.answerbag.com/q_view/602861#ixzz1D9wpodAY
