DEPRECIATION OF RUPEE WITH RESPECT TO US DOLLAR
Author(s):
Akshay Sriharsha Tadi
Keywords:
Abstract
The depreciation of the rupee has become a household topic nowadays and with the rupee hitting lower and lower levels it is instilling the citizens of India with fear. A country’s economic system is vastly dependent on how its currency is doing and it is our job to at least understand the rupee’s situation briefly. This paper will focus on how the rupee value has changed since 1947, some of the causes and effects of a depreciated rupee in current time and the measures the government has already taken and what it, along with the citizens, can further do to help grow the rupee or at least keep it from falling further. Specifically speaking about the causes and effects, the paper will touch up on the topics of interest rate hikes, imports and exports, increased cost of traveling and education abroad, increasing oil prices, fiscal deficit and gold prices. All the research done is through online resources from trusted websites with a main objective of providing an understanding to the readers about the Indian economy and rupee fluctuations.. It would also like to show that the rupee depreciation has more negative effects than positive effects and strict measures should be taken to improve it.
Article Details
Unique Paper ID: 156595

Publication Volume & Issue: Volume 9, Issue 4

Page(s): 442 - 449
Article Preview & Download


Share This Article

Conference Alert

NCSST-2021

AICTE Sponsored National Conference on Smart Systems and Technologies

Last Date: 25th November 2021

SWEC- Management

LATEST INNOVATION’S AND FUTURE TRENDS IN MANAGEMENT

Last Date: 7th November 2021

Go To Issue



Call For Paper

Volume 8 Issue 4

Last Date 25 September 2021

About Us

IJIRT.org enables door in research by providing high quality research articles in open access market.

Send us any query related to your research on editor@ijirt.org

Social Media

Google Verified Reviews

Contact Details

Telephone:6351679790
Email: editor@ijirt.org
Website: ijirt.org

Policies