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falling rupee (2)
Economic GD Topics General GD Topics

Impact of falling rupee on Indian economy

Theme:
  • As of 10th April 2021, 1 US dollar is worth Rs. 74.73.
What does it mean by ‘falling rupee’?
  • The value of any currency decreases when its demand decreases. And also if the demand for the US dollar increases,
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depreciation of Indian Rupee
Economic GD Topics Current Affairs GD Topics

Depreciation of Indian Rupee

Background:
  • Depreciation of the currency means a decrease in the value of the currency when compared to the Dollar.
  • As of 10th April 2021, 1 US dollar is worth Rs. 74.73.
Factors affecting the value of the Rupee:
  • When there
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