Money appreciation
This query is : Resolved
25 September 2007
Why money is appreciating against doller so fast. what are the factors contributing to it. What are the other factors that can contribute to money appreciation. is it good for economy. what are measures to stablise money
26 September 2007
Appreciation of rupee against dollar. The demand and supply of dollars in India decide the strength of rupee. when the supply is more than demand of dollars in India is more the value of dollar will fall in India. There are two ways one is increase in supply or the other is decrease in demand of dollar in India. The dollar flow to India is increased due to remittances received from NRIs and FII and IT boom.The increase in productivity of the country is another factor contrubuting the money appreciation. It is very good for the economy if it continues for a long time like experience by U S economy.
02 November 2007
Dollar devaluation is bad for exporters and foreigners may shut offices in India if drastic devlauation of dollar is there.
09 November 2007
Thanks for the inputs
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
