What makes the Rupee value fight against the increasing US currency value?
1. Dollar value increases due to surge in the Global demand for currency.
2. Most of the International trading in commodities is done through Dollar and investors prefer holding
liquid money (Dollars) over other forms of investments, which should be looked into.
3. Its also because of banks, moving their money from shares in to cash for better liquidity options.
4. India is now well known for foreign goods. We import in a large scale compared to exports, which
shows our dependencies leading to uncontrollable change in prices. Be Indian and Buy Indian to control
the increasing currency value against Dollar.
5. Nature has given resources equally in all parts of world, which must be explored and utilized, making
itself self Sustainable in all ways.
Do you think low rupee value against USD a good factor in economic terms?
India depends on imports for a large part of crude oil it consumes, a weak rupee will influence petrol and
diesel prices. "Fuel being directly connected with the cost of transportation, prices of goods that are
transported from one part of the country to another, such as food, are bound to rise. This will have a
direct impact on the household budget”. It also leads to inflation, burden government and industrial
foreign borrowings hurting import based industries.
Do you know, we also have positive points for few sectors which helps boost export industries like IT,
handicrafts, and Pharmaceuticals textiles. Think who will not be happy for producing at Indian cost and
selling at a high foreign cost
1. Dollar value increases due to surge in the Global demand for currency.
2. Most of the International trading in commodities is done through Dollar and investors prefer holding
liquid money (Dollars) over other forms of investments, which should be looked into.
3. Its also because of banks, moving their money from shares in to cash for better liquidity options.
4. India is now well known for foreign goods. We import in a large scale compared to exports, which
shows our dependencies leading to uncontrollable change in prices. Be Indian and Buy Indian to control
the increasing currency value against Dollar.
5. Nature has given resources equally in all parts of world, which must be explored and utilized, making
itself self Sustainable in all ways.
Do you think low rupee value against USD a good factor in economic terms?
India depends on imports for a large part of crude oil it consumes, a weak rupee will influence petrol and
diesel prices. "Fuel being directly connected with the cost of transportation, prices of goods that are
transported from one part of the country to another, such as food, are bound to rise. This will have a
direct impact on the household budget”. It also leads to inflation, burden government and industrial
foreign borrowings hurting import based industries.
Do you know, we also have positive points for few sectors which helps boost export industries like IT,
handicrafts, and Pharmaceuticals textiles. Think who will not be happy for producing at Indian cost and
selling at a high foreign cost
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