Tag: us dollar
Posted in Economy
Policymakers count the costs as rupee breaches 90/dollar barrier: Here is what could be in store for India now
The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological 90 mark before settling just below it….
Posted in Economy
Rupee depreciation against major world currencies good for economy: Rajiv Kumar
The rupee depreciation against major world currencies is good for the economy as it encourages labour-intensive exports from India, increases foreign exchange earnings and generates…
Posted in Economy
Dollar dominance unlikely to change in near future: Gita Gopinath
Gita Gopinath, former IMF Chief Economist and Deputy Managing Director, now back again at Harvard as a Professor, believes dollar dominance is unlikely to change…