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what is rupee???
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∙ 15y ago
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Why value of rupees decreasing?
Increasing Current Account Deficit [CAD], high trade deficit, slowing economic growth, rising inflation are weakening Rupee. Further Euro Zone crisis and risk aversion [flight of investments to safe haven US] are accentuating Rupee depreciation.
How does inflation affects debtors and creditors?
The debtors are gainers during inflation, while the creditors are losers. The reason this happens is because, during inflation, the value of money reduces greatly. The implications of which are that a rupee in the month of August is worth much less than what it was worth back in March. This means that a person can buy fewer goods per rupee in the month of august, than what he could in the month of March. In terms of the debtor, he is essentially paying back a smaller amount (in real terms) even though the amount he owed to the creditor remained the same. As far as the creditor is concerned, the value of the money that he receives from his debtors is worth much less than what it was when he lent it to them. (Implying that his purchasing power will be reduced when they repay him)
What much is two dollars in Indian rupee?
About 90 Rupee
When was Zanzibari rupee created?
Zanzibari rupee was created in 1908.
How much is 10 pence in rupee?
8.92 Indian rupee.
What is inflation?
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
Why value of rupees decreasing?
Increasing Current Account Deficit [CAD], high trade deficit, slowing economic growth, rising inflation are weakening Rupee. Further Euro Zone crisis and risk aversion [flight of investments to safe haven US] are accentuating Rupee depreciation.
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 Indian currency?
Indian currency is Rupee (Re).
What is a rupee tree?
Indian rupee
What is difference between one rupee note and two rupee note?
one rupee
How much is 100 Mauritius rupees?
1 Mauritius Rupee as opposed to what? Pakistani Rupee? Indian Rupee? Sri Lankan Rupee? Nepalese Rupee? Or maybe Seychelles Rupee? Just...Just do me a favour, okay? Be more bloody specific.
What is the current exchange of rate of Nepalese rupee against Indian rupee?
Indian Rupee is stronger than PKR (Pakistani Rupee). Though, PKR improved a bit against INR (Inidan Rupee) in recent months but still, it is approximately 0.63 of INR.1 PKR = 0.63 INR
What is indias dollar name?
A rupee.
How does inflation affects debtors and creditors?
The debtors are gainers during inflation, while the creditors are losers. The reason this happens is because, during inflation, the value of money reduces greatly. The implications of which are that a rupee in the month of August is worth much less than what it was worth back in March. This means that a person can buy fewer goods per rupee in the month of august, than what he could in the month of March. In terms of the debtor, he is essentially paying back a smaller amount (in real terms) even though the amount he owed to the creditor remained the same. As far as the creditor is concerned, the value of the money that he receives from his debtors is worth much less than what it was when he lent it to them. (Implying that his purchasing power will be reduced when they repay him)
What is the value of 20 paise?
one fifth of a rupee. There are 53.7 rupee to a dollar, and 100 paise to a rupee.
How many rupees is 111?
100 rupee note+10 rupee note+1 rupee coin
