Before I answer the question, let me provide a simple example relating to exchange rate. For example, if 1 Indian Rupee equals to 2 US Dollars today, after the appreciation of the Indian Rupee it will equal to 5 US Dollars. ( please understand that I do not know the exchange rate betwen dollars and Indian Rupee, hence this example could look weird ). The appreciation means that the Indian Rupee can purchase more US dollars. If this happens, you can look at it from the perspective of the buyer and the seller. If you are a buyer from US and would like to buy things in India, the appreciation will be disadvantages to you, as you need to use more US dollars to buy things from India. If it is disadvantage to a buyer from US, it means a seller from India will be at a disadvantage, as the price of goods sold to foreigners are now more expensive. Hence the first conclusion can be drawn, it will be bad for sellers in India and bad for buyers in US. On the other hand, an appreciation, means that more US dollars can be exchanged with the Indian Rupee. This can be good for buyers in India, as now they have more buying power. If this happens, then it will be good for sellers in US. Hence, the second conclusion can be drawn, it will be good for buyers in India and good for sellers in US. It's important to understand that the above explanation is rather theoretical. In real life we can argue, the economy consists of both buyer and seller, and there will be a shift in advantages or disadvantages when the exchange rate changes. When we consider buyers and seller, you can expand your thinking and relate to students, tourists and workers. Students coming to study in your country, or tourists visitng your country can also be affected. ( use the same analysis on buyer and seller above ). Another important thing is to consider the economy at hand. And changes in the exchange rate will also depend on the economy and its development. Exchange rates are a huge topic in some Economics topic, and a major topic in International Finance. (firstname.lastname@example.org)
this is due increase of forex reserves and intake remittances with a booming economy wrt trade . it is also due to sinking or standstill of a dollar wrt raising euro also causes appreciation of a rupee. the mechanism to control inflation leads to enhance monetory reserves ultimately leads to appreciation of a rupee.
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.
structure of 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.
Indian Economy before Independence ?
What is the impact of budget on th Indian economy?
Implications of Foreign Direct Investment in Indian Economy
Why is the Indian economy considered 'a great paradox'
A market based (capitalist) economy.
what is wto ? n wat is his impact on Indian economy?
Check out the related link on LIC's role in the Indian economy.
Rivers are very important in the Indian economy. They are commonly used for agricultural activities which is a major part of the economy.
The Indian economy does get benefit from globalization because the economy is allowed to access markets in many countries.
200 Dollars is 12034 Indian Rupees.
1 sing dollar is 32.56 rupees
no not at all. because oil crisis and scandals in india. indias economy is going down.
The private sector has played a vital role in the development of the Indian economy. An example is foreign direct investment. Previously, the Indian economy was managed by government enterprises.
The three pillars of Indian economy are :- 1) Consumption 2) Savings 3) Investment
20 Dollars in Indian national rupees = 905.059281 Indian rupees
3.8 million dollars in Indian rupees tolled me