Welcome, Guest
Email Password: Remember me

Why is rupee depreciating
(1 viewing) (1) Guest
Finance

TOPIC: Why is rupee depreciating

Why is rupee depreciating 5 years, 2 months ago #596

  • mansin
  • OFFLINE
  • Expert
  • Posts: 97
  • Karma: 3
Rupee has touched 2 year low against US dollar. Why is it depreciating so drastically...

Re: Why is rupee depreciating 5 years, 2 months ago #597

this is mainly because of crises prevailing in europe which has increased the demand of dollars. Hence dollars are moving out of asia which has depreciated rupee

Re: Why is rupee depreciating 5 years, 2 months ago #599

  • Tarunkool
  • OFFLINE
  • Expert
  • Posts: 118
  • Karma: -2
Currency also follow the concept of demand and supply !
Tarun Kool
Passionate about Arsenal

Re: Why is rupee depreciating 5 years, 2 months ago #600

also the crude oil prices are increasing which are in turn appreciating dollar as demand for dollar are increasing...

Re: Why is rupee depreciating 5 years, 2 months ago #622

In uncertain times, investors prefer to cash over risky financial assets such as stocks, global sell-off in stocks has increased demand for dollar and led to its appreciation...

Re: Why is rupee depreciating 5 years, 1 month ago #623

  • mansin
  • OFFLINE
  • Expert
  • Posts: 97
  • Karma: 3
also..the US dollar is still considered a safe haven despite all the troubles with the US and the central banks across the world continue to buy US Treasury securities....

Re: Why is rupee depreciating 5 years, 1 month ago #635

heavy dollar demand from importers and oil refiners is one of the reason why rupee is depreciating. Also the firmness of dollar in overseas market is also causing further problems for rupee

Re: Why is rupee depreciating 5 years ago #695

  • Tarunkool
  • OFFLINE
  • Expert
  • Posts: 118
  • Karma: -2
Rupee 52 vs Dollar. all time low. Whats the reason for that ?
Tarun Kool
Passionate about Arsenal

Re: Why is rupee depreciating 5 years ago #696

As per Economic times, The rupee skidded to an all-time low on Tuesday as oil refiners and other companies scrambled to buy dollars, with the currency looking increasingly vulnerable to a swelling current account deficit.

Re: Why is rupee depreciating 5 years ago #697

In the recent times India has opened doors for debt capital by relaxing caps on ECB, FII etc. Coupled with interest rate differential between india and developed world, there was tremendous increase in the external debt in India. India's overall external debt outstanding as of June-2011 was $317 billion, an increase of 38 per cent in last two years. The short-term external debt increased at a much faster pace of 62 per cent (in absolute terms) during the same period and it now constitutes about 21.6 per cent of total external debt. One worrying factor is that much of the debt is maturing in next one year. Due to re-capitalisation needs of European banks, it is likely that these banks will be less forthcoming in refinancing Indian corporate debt. All this is pushing pressure on rupee and has increased demand for dollar which is depreciating rupee..
Time to create page: 0.24 seconds