Impact of recent fall in value of rupee on indian economy
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2011
can anyone help me on knowing impact of recent fall in value of rupee on indian economy .positive and negative both
CA Nikhil Jhanwar
(Expert)
27 November 2011
Positive: For exporters it has a positive impact because they will receive more amount in INR against US Dollars.
Similarly it has a negative impact on importers being required to bear higher burden of payment in foreign currency.
Similarly it has a negative impact on importers being required to bear higher burden of payment in foreign currency.
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