0
Well, not really. Last time around, the devaluation was driven mainly by rise in Oil Prices. The price of oil reached USD 147 per barrel and was one of the key contributing factors. However, Risk Aversion was also a part which affected the value of the Indian Rupee.
Though the effect is the same, the combination of causes is different. Risk Aversion is the common culprit if you want to identify the common cause…
What else can I help you with?
What is the value of the rupee compared to the dollar?
Today, feb. 8 2008 one dollar has the value of 39.615 rupees. It also depends on what rupee you are talking about. Is it the Indian rupee or the Pakistani rupee?
Value of euro in rupee on date 19.03.2008?
It was 1 Euro = 63.938 Rupee on March 19, 2008
What is the rate of one british pound in Indian rupee?
1 british pound is worth 77.164 Indian rupee as of 1/9/2008
What is the currency of seychelles?
The currency in Seychelles is the Seychellois Rupee (SCR). As of 3 August 2008, the Seychellois Rupee is worth 0.191366 U.S. dollars.
What is the exchange rate Rupee to dollar?
As of December 21st, 2008... The exchange rate of a Indian Rupee to a U.S Dollar is... 1 U.S dollar=4702.5 Indian Rupees
What was the exchange rate from us dollars to Indian rupee on may 2008?
naandu kittu savunga da
What was the value of 1 dollar in Indian rupee on the 15th of may 2008?
According to the currency website 'Xe' - on 15/05/2008, 1USD = 42.70INR
Current affairs on nigeria in 2008?
i want to be current
Where is the current waec 2008 timetable?
i want to know whether the bece result of 2008 is released i want to know whether the bece result of 2008 is released
Current national leaders 2008?
who were the national leaders in March 2008?
What is the current 2008 population of Wollongong?
The population of Wollongong for 2008 is 225000.
1 Swiss frank is equal to how many Indian rupees?
I Swiss Franc equals 40.6393 Indian Rupee. Sww below as of 11/10/2008 Swiss Franc Indian Rupee 1 CHF= 40.6396 INR Amount 1 Currency Converter http://www.currencysource.com/tables/INR/1X_INR.htm#
