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
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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