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WHY THE VALUE OF RUPEE DECRESING OR I CAN SAY FLUCTUATE
COMPARE TO DOLLAR PLEASE EXPLAIN IT.
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Answer / hitesh
Dollar is reserve currency of the world.so most of
transaction done in world in dollar.so change in fundamental
in US economy that effect to Dollar .that affect USD/INR pair.
also depend on US index as well as commodity Asian country.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prabhu
bcoz our country doesnt had dollers,DOLLERS HAD BIG DEMAND
so price value comes down & now a days foriegn
institutional investors(FII) not going to invest in our
country by dollers tis s also a reason of tat,spain,greece
country currency was very much depreciated so those people
in tat country planned to invest a money in dollers.
friends i hope tis s useful for u
| Is This Answer Correct ? | 24 Yes | 36 No |
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