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The value of a currency depends on various that affect the economy such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, macroeconomic policies, commodity prices and geopolitical conditions. The study reviews the relevant...
Persistent link: https://www.econbiz.de/10013211030
India’s foreign trade has seen a multi-fold increase, since liberalisation of the economy. However, at present, Indian economy is facing the problem of burgeoning imports and thereby growing deficit in its balance of payments position. On one side, there is a growing competition in pushing the...
Persistent link: https://www.econbiz.de/10013211041
A weak currency is a signal to the weak economy. The depreciation in the value of rupee against the strongest currency of the world i.e. US dollar affects a lot of economic growth indicators such as reducing the inflow of foreign capital, risein the external debt pressure and also grows...
Persistent link: https://www.econbiz.de/10013211043