The Currency Exchange Rates say nothing about a country's economy or its strength. Going by that logic, 1 INR equals roughly 1.72 JPY or more and has been so for several years. read more
The Currency Exchange Rates say nothing about a country’s economy or its strength. Going by that logic, 1 INR equals roughly 1.72 JPY or more and has been so for several years. read more
Below are some of the reasons why US currency is stronger than Indian rupee: United States economic growth and its outlook tends to be far stronger than its major trading partners'. The outlook for monetary policy in the United States will be far tighter than its peers. read more
In US, talks of rate hikes are doing rounds and is mostly likely this month, so Dollar gonna be even stronger. Oh wait, just noticed, you are not talking about rupee at 45 level, you are talking about rupee becoming stronger than dollar.Not sure, it will be huge turmoil in economies. read more