In order to prevent appreciation of
the rupee against the US $, the RBI
will
O Sell Us $
Buy US $
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Answer:
but us the 2nd option is correct bro
Step-by-step explanation:
if its right please keep me in brainliest answer
Answered by
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In order to prevent appreciation of the rupee against the US $, the RBI will Buy US $
Step-by-step explanation:
Rates are being appreciated when something is in demand.
Demand is more than supply
If RBI will buy more US $ then demand of US $ will increase more hence price of US $ will appreciate more hence Indian rupee will not appreciate
But if RBI sells US $ then there will be supply of dollars in market and Supply will become more than demand hence US $ rate will depreciate and effectively Indian rupee will appreciate
In order to prevent appreciation of the rupee against the US $, the RBI will buy US $
In order to prevent depreciation of the rupee against the US $, the RBI will Sell US $
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