Economy, asked by ashadevi22898, 4 months ago

"Indian Rupee (3) plunged to all time low of * 74.48 against the US Dollar ($)."​

Answers

Answered by rithushashnugmailcom
0

Explanation:

with the U.S dollar we can do

Answered by smithachld
3

Answer:

Indian Rupee is depreciating against the US Dollar since it is given that " Indian Rupee (₹) plunged to an all-time low of ₹ 74.48 against the US Dollar ($)". A high exchange rate makes the imports more expensive. Consequently, a rise in the exchange rate implies a reduction in the demand for imports and vice-versa.

Explanation:

please mark as brainlist

Similar questions