how does rupee strengthen when the Reserve Bank of India
sells dollars in the market????

please i need an answer

Answer Posted / neha

When RBI sells dollar the buyer has to pay in rupees which
leads to the increase in demand of maoney which leads to the
rupee appreciation.

Is This Answer Correct ?    30 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the three parameters on which car depends?

596


How To Associate Users With A Group?

680


How do I submit e-application?

615


What Are The Requirements To Configure Password

659


Comment on Aam Aadmi Party?

690






How do we calculate GNP and GDP?

791


What is the source of income of government?

652


How Much Does It Cost To File Bankruptcy?

691


discuss on limited liability.

691


Compare convertible & non-convertible shares

638


Name the methods used to 'control the inflation'?

605


What is current assets turnover ratio? What does it indicate?

577


How Often Can I File Bankruptcy?

684


What's CRR?

625


What Are The Rules For User Names And Passwords?

626