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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
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∙ 16y ago
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What are all the reasons for Appreciation in Indian Rupee value as against US Dollars?
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 is the current exchange rate of US Dollar against Indian Rupee?
the current exchange rate of US Dollar against Indian Rupee is 39.375---------Access US Dollar to Indian Rupee conversion rates provided by ICICI Money2India, SBI Express Remit, Remit2India, HDFC and Axis Bank live at http://www.dollar2rupee.net
What is the conversion of a dollar to a rupee?
Exchange rate is the converter of dollar into a rupee.
How much is 1 dollars in Indian rupee?
This depends on what dollar 1 US Dollar in Indian Rupee is 63.60 1 Australian Dollar in Indian Rupee is 50.32 1 Barbardian in Indiian Rupee is 31.98 1 Bahamian Dollar in Indian Rupee is 64.01 1 Canadian Dollar in Indian Rupee is 51.04 1 New Zealand Dollar in Indian Rupee is 46.15
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?
What are all the reasons for Appreciation in Indian Rupee value as against US Dollars?
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.
In 2007-08 What are the impacts on Indian industry due to fluctuation of rupee-dollar fluctuation rate?
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.
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.
Will dollar value increase against Indian rupee?
ya sure
What are the challenges of tumbling of Indian rupee against dollar?
Milyon=indian
Reasons of rupee Deppreciation against dollar?
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.
Will Indian rupee raise against Australian dollar in future?
yes.. in December
What is the current exchange rate of US Dollar against Indian Rupee?
the current exchange rate of US Dollar against Indian Rupee is 39.375---------Access US Dollar to Indian Rupee conversion rates provided by ICICI Money2India, SBI Express Remit, Remit2India, HDFC and Axis Bank live at http://www.dollar2rupee.net
What is rupee appreciation and rupee depreciation?
Rupee is the Indian currency. Just like any commodity the Rupee also has a price, the value you pay to exchange a rupee. The US Dollar being the predominant currency, all prices of currencies are generally quoted in Dollars. Hence in case of the Rupee, its price at any point in time maybe say, Rs.45/$ (determined through various aspects such as forex reserves, FDI inflows, rate of interests and so on). With the change of the indicators the value of the rupee as per the dollar changes. When the rupee becomes dearer i.e. say Rs.40/$ it is said to have Appreciated (Value) in the reverse case say Rs.50/$ then the Rupee Depreciates (Value). Rupee changes values for a range of reasons, like if US performs very well then people will demand more US dollars, exchanging their rupee. This Demand will raise the price of the US dollar and hence depreciate the Indian Rupee.
What is the conversion of a dollar to a rupee?
Exchange rate is the converter of dollar into a rupee.
How much is 1 dollars in Indian rupee?
This depends on what dollar 1 US Dollar in Indian Rupee is 63.60 1 Australian Dollar in Indian Rupee is 50.32 1 Barbardian in Indiian Rupee is 31.98 1 Bahamian Dollar in Indian Rupee is 64.01 1 Canadian Dollar in Indian Rupee is 51.04 1 New Zealand Dollar in Indian Rupee is 46.15
What is the value of indian rupee against us dollar?
1USD is 61.92 rupees. 1 rupee is 0.01615USD. This is correct to 29 Dec 2013 and fluctuates
