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What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
no
This is because there is greater demand for dollars against rupees. India needs dollars to import oil and other goods. In other words India is importing more than what it exports. There are several other reasons but these are the main reasons.
$1.00 us dollar = 0.6965 Euro Dollar on May 10, 2011. Please be aware that rates change daily and vary with the amount exchanged and the added fee of the exchanger.
As of Dec 1 st 2011, 1 US DOLLAR = 51.65 INDIAN RUPEES the american currency has increased from the 2008 currency rate of 1 dollar is equal to 39.48 rupees
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.
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
no
The main reason for Rupee Appreciation is on account of 1. Huge forex inflow mainly the USD. This inflow is in the form of FDI, ECB, Investment and Remittances. 2. Growing Exports. Resulting in huge inflow in USD thus making the domestic currency appreciate against the dollar. 3. Political Dilemma. Central bank with stringent task to achieve inflation at 4.0 to 4.5% is not in a position to help exporter by means of infusing rupee in the market. Abir Roy
the bank
Depreciation is when one currency becomes weak against another currency. Appreciation is when one currency becomes stronger than other currency. For example, imagine that current exchange rate is USD/EUR=1.42 and after some time it changed to USD/EUR=1.45, in that case US Dollar depreciated against Euro. If it changes to USD/EUR=1.38 in this case US Dollar appreciates against Euro.
This is because there is greater demand for dollars against rupees. India needs dollars to import oil and other goods. In other words India is importing more than what it exports. There are several other reasons but these are the main reasons.
There are several reasons why the Ukrainian hryvnia (UAH) may appreciate against the US dollar. First, an increase in foreign investment in Ukraine can lead to greater demand for the hryvnia and strengthen its value. Additionally, favorable economic conditions, such as improved GDP growth or reduced inflation, can also contribute to the appreciation of the currency. Lastly, a decrease in political instability or an improvement in the country's credit rating can increase investor confidence and drive up the value of the hryvnia.
Which golf war? There were 3 .
George Washington is on The American Dollar.
20%
The rupee appreciated against the dollar during 2007-08, effecting the revenues of IT Companies and exporters. Numerous SME companies that were fully dependent on the exports were either shutdown or lost their business due to rupee appreciation. The FDI and FII investment in Indian stock markets also saw slow down due to this appreciation. Pavan.