How Rupee Dollar Exchange Rate is decided?

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The Rookie Nerds

The Rookie Nerds

3 жыл бұрын

The video explains what determines the exchange price of a currency in the Foreign Exchange, very briefly, with a simple analogy of a market.

Пікірлер: 45
@srikantdelhi
@srikantdelhi 2 жыл бұрын
For retail or individual consumers, yes, the dynamics of supply and demand may affect prices. But the prices in large scale trading of commodities are not determined by such logic. There the laws of commodity value are the sole determinant. Again to the first scenario of retail or individual customers. Here also, the dynamics of supply and demand play a limited role or only to a certain extent. Let's suppose that there is too much supply of computers and very little demand in a particular month or even year. Will the producers sell them at a loss. No. They may revise the prices to some extent for luring the consumers, but cannot go below what is absolutely essential for the survival of their production unit and their business. Supply and demand will not affect the prices beyond a point. The only thing that affects prices fundamentally is the change in productivity (intrinsic value of a commodity), or a change in the value of the money itself (in which the prices are represented).
@TheRookieNerds
@TheRookieNerds 2 жыл бұрын
Thank you very much for your comment. Yes whatever you stated is totally true. But this video is a mere introduction to trade, the objective is to layout the primitive factors that affect prices. I'll pin your comment though.
@vidyutdevam9204
@vidyutdevam9204 2 жыл бұрын
@@TheRookieNerds Iphone xr was launched at a prcie of 73k and 2 years later it didn't even worth 40k. Why do u think so? sometimes companies slash the rate becuase they decided so.
@abhishekanshuwali3808
@abhishekanshuwali3808 Жыл бұрын
@@vidyutdevam9204 bcoz iPhones are made very cheaply around 10k I guess, it's the brand value which increases the price
@mahalakshmimayan4650
@mahalakshmimayan4650 3 жыл бұрын
This is crystal clear with animations ...Plz upload more on Forex !!
@VisheshGuptabazinga
@VisheshGuptabazinga Жыл бұрын
Amazingly explained, need more videos like this 🙏💎
@vijaydayalal788
@vijaydayalal788 8 ай бұрын
Nice work done by every thing will be perfect for your channel business climates strategy increase and decrease gdp of prices
@sgun900
@sgun900 2 жыл бұрын
Thank you so much, you have explained simply and brilliant 😀
@jaswinderkaurbains9607
@jaswinderkaurbains9607 2 жыл бұрын
Underrated video. Very good explanation
@rome6872
@rome6872 Жыл бұрын
Good video! I watched another first and was still a little confused. Watched yours and now I grasp the idea, thank you.
@rajparmar9596
@rajparmar9596 Жыл бұрын
Best Explanation Ever. Thank you so much for giving such information in very easy manner.
@the_anuragsrivastava
@the_anuragsrivastava 7 ай бұрын
Very well explained.... thanks 👍👍👍
@sudeepbanerjeevlog6986
@sudeepbanerjeevlog6986 2 жыл бұрын
Thank you sir,you have explained the video very nicely.Now the concept is very much clear to me.
@sarada141
@sarada141 Жыл бұрын
Very nice explanation!!
@apdhamu9592
@apdhamu9592 3 жыл бұрын
Superb explanation on supply and demand Aravind..
@RahulVerma-kn7fu
@RahulVerma-kn7fu 2 жыл бұрын
Best explaination for beginners ......thank you so much.....best video ❤
@gdhinesh7748
@gdhinesh7748 3 жыл бұрын
Well explained bro. 🔥🔥🔥keep going😎
@oureedafreen3889
@oureedafreen3889 Жыл бұрын
Thank you for the video, Very nice explanation
@akshaykala8674
@akshaykala8674 2 жыл бұрын
beautiful video
@gaughar8247
@gaughar8247 2 жыл бұрын
Loved the video.love from Nepal
@princedjaba4626
@princedjaba4626 Жыл бұрын
Great video
@chshakeeltarar5929
@chshakeeltarar5929 2 жыл бұрын
excelent work
@guruprakashgunasekaran2983
@guruprakashgunasekaran2983 3 жыл бұрын
Good One Mate .
@ankitavashisht6168
@ankitavashisht6168 Жыл бұрын
Too Good. Thank you so much ❤️
@arunedufact7924
@arunedufact7924 2 жыл бұрын
excellent bro
@arstudioskannada8034
@arstudioskannada8034 Жыл бұрын
good explanation..thank uu
@gomathisankarr1768
@gomathisankarr1768 3 жыл бұрын
Beautiful explanation... Way to go brother... 👍
@vigneshn2962
@vigneshn2962 3 жыл бұрын
❤️
@kaziaburousan166
@kaziaburousan166 3 жыл бұрын
Nice explanation bro....and welcome back
@TheRookieNerds
@TheRookieNerds 3 жыл бұрын
Thank you
@leomessi5367
@leomessi5367 Жыл бұрын
Informative ....But plz speak little bit slowly it would make your video more good ...
@Theduviya
@Theduviya Жыл бұрын
Very much useful🇮🇳 தமிழ்
@nareshbabuverpula6591
@nareshbabuverpula6591 Жыл бұрын
Great
@furtherishere7568
@furtherishere7568 Жыл бұрын
how supply of money stabilize exchange rate in india
@FIROJKHAN-xx1sk
@FIROJKHAN-xx1sk Жыл бұрын
Wowww
@furtherishere7568
@furtherishere7568 Жыл бұрын
How import is costly and export is cheaper when rupee strengthen
@realkanavdhawan
@realkanavdhawan Жыл бұрын
So basically if foreign company, person invest in India will 1. Buy Indian Ruppe by paying dollar 2. Dollar will be deposited in out Forex 3. Buy service and goods using Rupee and contribute to our economy Win win scenario
@vatsvlogs6110
@vatsvlogs6110 8 ай бұрын
Population sucks too
@bibinthomas5282
@bibinthomas5282 2 жыл бұрын
Malayali aano 😁😁
@TheRookieNerds
@TheRookieNerds 2 жыл бұрын
No but I'm Tamil :)
@rlhariharan11
@rlhariharan11 3 жыл бұрын
First
@reji4175
@reji4175 2 жыл бұрын
America control Iraq crude .so India buy from Iraq 12.5%so most of our dollar go to america dollar demand is high .if we buy 12.5 % crude from Russia the dollar demand is less we demand ruble .so American dollar and pound is reduse there value .so doller and euro circulate in America .so petrolium consumption is very high in America so rate of petrol value is high people use there money for buying petrol from america so 30 trillion debit will increased to 50 trillion dollar .so dollar value is reduse .so pound and doller are outrated most of them demanded euro .so china is struggling for this demand the 3000 doller is useless .18204 million us dollar crude purchase India from American company of Iraq .if america stop business from India this money goes to Russia .so Europe need to buy this crude from Iraq so Russia need goods from Europe is stopped but this may get from India .every business depend of business .so by India world is rich now
@maheshsanapati
@maheshsanapati Жыл бұрын
No it not good video for explaining this topic
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