Question

What is the future of the Indian rupee, do you think it will appreciate or depreciate...

What is the future of the Indian rupee, do you think it will appreciate or depreciate further? How would you handle such a crisis if depreciation happens?

Homework Answers

Answer #1

Indian economy is fastest growing economy is world. the country has stable government which is good sign for economy. Interest rate and inflation rate is also stable from last few year and expected to stable in near future as well. The country has all tyme high foreign currency reserve.

So, by observing economic situation and stable government it is expected that indian rupee will appreciate or stable in future. since, country has highest level of foreign currency. So, by using reserve country can handle any crisis of depreciation of currency.

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