Since prime minister Narendra Modi came to power in 2014 the Indian fiat paper currency rupee has depreciated by 55% against the US dollar. During the Manmohan Singh era that depreciation was 33%. But, not just with the US dollar, it has depreciated significantly against UK pound (25%), Euro (30%), Swiss Franc (60%), and Singaporean […]
Tag Archives: Dollar
09
Nov
Nov
Now that Donald Trump is again the 47th President of the United States of America we have to see how his economic and foreign policies will impact the Indian economy. In the following paragraphs I will discuss few important areas where Trump’s policies will impact the Indian economy the most. First, the election of Trump […]
16
Oct
Oct
The amazing Indian finance minister Nirmala Sitharaman is trying very hard to somehow defend the abysmal economic performance of her government. As I have mentioned in my past writings, the Indian rupee will continue to slide because of the crazy money printing sprees by the Indian central bank RBI, and RBI is forced to print […]
28
Jul
Jul
As I have talked in the past, the value of Indian rupee against US dollar continues to decline. Rupee has now hit its historical low level of Rs.80 per dollar. Indians are feeling the heat of the RBI generated inflationary monster. Against this background the Indian news media have started peddling a thought that somehow […]
15
Aug
Aug
The turmoil in the Forex market continues and with it the collapse of Indian currency rupee. The Indian currency rupee breached the level of 70 against US dollar for the first time in its entire history. And this fall isn’t finished yet. The chances of it falling further are high. In the aftermath of this […]
- 1
- 2