Indian rupee depreciation

Answer 1

If 1 $ is 49 today compared what it was ie; 1 $= 43 Rs, it has depreciated against the US dollar making NRIs gain from it and also helping exports Eg :IT companies.

NRI's can send more money into the country(India), make purchases and benefit from it, as they have to shell out lesser dollars for their purchases.

Learn about rupee depreciation -

Rupee depre­ci­a­tion means that rupee has become less valu­able with respect to dol­lar. If the rupee moves upward from 30 per dol­lar to 40 per dol­lar then rupee is said to depre­ci­ate. It means that rupee is now cheaper than what it used to be ear­lier, so if the dol­lar was Rs 30 and now it reached 40.

Answer 2

Rupee appreciation basically means rupee getting more expensive vis-a-vis other currencies esp dollar.

Answer 3

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