The declining value of the Indian rupee against the US dollar is caused by multiple economic factors both internal and external to India. Some causes include higher trade deficits, rising crude oil prices, strengthening of the US dollar, and volatility in global financial markets. While the Reserve Bank of India has taken measures like raising interest rates to support the rupee, finding a comprehensive solution remains difficult due to the complex interplay of economic forces.
The declining value of the Indian rupee against the US dollar is caused by multiple economic factors both internal and external to India. Some causes include higher trade deficits, rising crude oil prices, strengthening of the US dollar, and volatility in global financial markets. While the Reserve Bank of India has taken measures like raising interest rates to support the rupee, finding a comprehensive solution remains difficult due to the complex interplay of economic forces.
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The declining value of the Indian rupee against the US dollar is caused by multiple economic factors both internal and external to India. Some causes include higher trade deficits, rising crude oil prices, strengthening of the US dollar, and volatility in global financial markets. While the Reserve Bank of India has taken measures like raising interest rates to support the rupee, finding a comprehensive solution remains difficult due to the complex interplay of economic forces.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd