Economy, asked by dukedom9138, 1 year ago

Why american dollers have more value than india rupee?

Answers

Answered by 1Angel24
0
Hey mate here is your answer》》

A) It was adopted as so , during Bretton Woods conferance in 1944.

B) Since US had growth rate greater than India and Inflation lower than India ,Real value of Indian Ruppee has declined and Dollar has increased.

C) Repo rate in India is 7.5% while in US it is 0% , According to interest rate parity , Global interest rates are the same , so to high interest rate if offset by ruppee depreciation.

Hope this answer will help you..《《
Answered by prabhatiit2005
0

Because its value is high.


I.e. 1$ = rs. 66 almost


Mark it as brainliest answer......

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