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It means that the things you make in India and sell abroad are more expensive for the people who want to buy them abroad. (They may decide to purchase stuff from other countries which are cheaper).

It means things made abroad and for sale in India are cheaper in India. The Indian people may start spending more on things imported from other countries.

It means that Indians going on holiday abroad will find their holiday is cheaper.

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9y ago
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11y ago

there is a balance of payments surplus

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Q: What does strong rupee as against the dollar mean to India?
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Related questions

Why Indian rupee is not being strong then us dollar?

Indian rupee is not being strong then U.S dollar because of the exporting falling and India dependence on foreign flows.Other factors include the slow growth of the economy and the fiscal deficit.


What is a dollar called in the following countries Brazil china and India?

a dollar in India is called a rupee


How much is dollar 35 in India?

The currency in India is the Rupee. The amount of 35 dollars is equal to 2101.93 Indian Rupee. India's money is controlled by the Reserve Bank of India.


What is the main currency used in India?

The main form of currency in India is the rupee.


What kind of money do they have in India?

the mony in India is a rupee 1 dollar is 48 rupees has for now


Will dollar value increase against Indian rupee?

ya sure


What are the challenges of tumbling of Indian rupee against dollar?

Milyon=indian


How much is dollar worth in India today?

$1 = 47.93 Indian Rupee


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


How much is an Indian Krone?

The Krone is not the type of money that India uses, the Rupee is. As of October of 2014, the current Rupee to Dollar exchange rate is 1 Rupee equals 0.016 USD.


What does India use?

The country of India uses the rupee as currency. Its value is approximately equal to 0.017 of the United States dollar.