Indian Rupee has depreciated nearly 18% in last 4 months and touched the record low level of 53.50 INR per USD amid the current crisis time which has made Indian Currency as the worst performer among all the emerging economies. The Indian Rupee exchange rate against USD is shown in the below graph. The economists […]Continue Reading... No Comments.
As we have already specified that the Central Bank uses its Forex Reserves to stabilize the exchange rate during very volatile currency movement. The exchange rate has to be kept stable within a proper range to help the import and export industry. Let us visit the same with the example ofIndiaand RBI’s role to keep […]Continue Reading... No Comments.