International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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WHY IS THE INDIAN RUPEE DEPRECIATED?

    1 Author(s):  DR.VAISHNO DUTT

Vol -  4, Issue- 3 ,         Page(s) : 602 - 605  (2013 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Now Indians have to pay more for all imports like crude oil. Gold etc. even if the prices of these goods in US $ had remained the same. It means we have to pay more money to buy or purchase or exchange one US Dollar Impact of Depreciation and Appreciation of Rupee What is the impact of Depreciation and Appreciation of Rupee on the Indians living in India? For this we are assuming that initially the exchange rate of US $ is ` 50/-

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  1. USD ($)- United States Dollar
  2. INR (`)- Indian Rupee
  3. ECB-External Commercial Borrowing
  4. CAD-Current Account Deficit
  5. FIIs-Foreign Institutional Investment

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