English, asked by manhanuman, 1 year ago

why is rupee value falling down

Answers

Answered by UDAYhere
0
It's because the U.S. ' s crude oil prices have increased . Dollar has crossed the 69 rupee mark . The China - U.S.A tariffs has weakened the rupee . China's currency has fallen sharply and has affected the rupee . These are the important points . Best of luck
Answered by sweety4492
0
Single most reason of rupee weakness is increasing current account deficit (imports are higher compared to exports). CAD increased to $13.5 billion(2% of GDP) in Dec-17 quarter from $8 billion(1.4%) in Dec-16 quarter.

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