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Q.

Why does value of Indian rupee drop against dollar?

Tags: money, indian rupee
Asked by Joseph Chacko, 26 Sep '11 07:31 pm
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Answers (4)

 
1.

Because countries are investing in gold and the gold can be bought only in dollar and hence the dollar demand has risen the value of dollar and INR looks to fall
Answered by Iqbal Seth, 26 Sep '11 07:32 pm

 
  
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2.

Our inflation rate is high, growth is stunted now.
Answered by mandook, 26 Sep '11 07:46 pm

 
  
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3.

Your economy is volatile, the most simple reason. Is your GDP/GNP Falling? If so why?
Source: siachen
Answered by Siachen, 26 Sep '11 07:43 pm

 
  
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4.

As an nri my salary up by rs 7000
Answered by HEERA, 26 Sep '11 07:43 pm

 
  
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