According to the stats and prior experience, it is difficult to boost exports with a weaker currency. One US dollar has been worth more than 80 Indian rupees for over a month. The value of the rupee has more than halved since early 2008. Would a depreciation of the rupee boost exports and bolster India's economic development during the impending global slowdown? #rupee #currency #economicdevelopment #globalinflation #economy #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze
9 Jan 2023In early deals today, the rupee traded at 71.11 a dollar, down from Wednesday's close of 70.99The Indian unit had opened at 71.09 a dollar and touched a low of 71.12 — a level last seen on 18 October
1 min read7 Nov 2019At 9.10 am, the domestic currency was trading at 70.94 a dollar, down 0.13% from Tuesday's close of 70.84The Indian unit opened at 70.89 a dollar
1 min read30 Oct 2019At 9.10 am, the home currency was trading at 71.06 a dollar, down 0.04% from Thursday's close of 71.03The Indian unit had opened at 71.04 a dollar
1 min read25 Oct 2019At 9.10 am, the home currency was trading at 70.79 a dollar, up 0.17% from Wednesday's close of 70.91.The Indian unit had opened at 70.78 against the dollar
1 min read24 Oct 2019The Indian rupee had opened at 70.92 a dollar and touched a high and a low of 70.84 and 71.01 respectivelyThe benchmark BSE Sensex index fell 0.85% or 334.54 points to close at 38963.84. So far this year it gained 8.03%
1 min read22 Oct 2019In early deals, the rupee traded at 71.40 a dollar, a tad higher than Wednesday's close of 71.44The Indian unit had opened at 71.38 a dollar
1 min read17 Oct 2019In early deals today, the rupee traded at 70.83 a dollar, up 0.34% from Thursday's close of 71.07The Indian unit had opened at 70.84 a dollar
1 min read11 Oct 2019Rupee had opened at 71.19 a dollar.The benchmark Sensex gained 1.72% or 645.97 points to close at 38177.95. So far this year, the index has gained 5.85%
1 min read9 Oct 2019The Indian currency had opened at 71.22 a dollar today and so far has touched a low of 71.35The benchmark Sensex closed down 0.52% or 198.54 points to 38106.87. So far this year, the index has gained 5.65%
1 min read3 Oct 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared