how does rupee strengthen when the Reserve Bank of India
sells dollars in the market????
please i need an answer
Answer Posted / vijay
When RBI sells dollar the buyer has to pay in rupees which
leads to the increase in demand of maoney which in turns leads to the rupee depriciation
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What Is Audit Process?
Who is the founder of niacl? What do you know about niacl?
If I Am Going Through A Divorce How Will My Ex-spouse Filing Bankruptcy Affect Our Divorce Settlement?
All the IT Companies paid more Dividend” if Yes, explain in detail, if no Justify your answer.
Where is corporate office of LIC located?
Is there any relations in between Sensex and foreign currency values? like if the sensex increased then the value of Rs goes up over USD (United state doller)?
any political view
Define Memorandum of Association?
What's the different between prop trading and market-making?
What do you know about NBFC and give one point of difference between Banks and NBFC?
How is your professional knowledge useful for the banking Sector?
Who is the investment banker?
What are the various risks the banks face?
How will you define growth and development?
What idea do you have about subprime lending?