Why Is Rupee Not Strong Enough? | How Rupee Became Best Performing In 2023?| Rupee Vs Dollar | India

India is the most populous country in the world. Over 1.4 billion people use Rupee, the official currency of India. The country’s fintech revolution is being eyed by the biggest economies of the world. India, with an expected 7 plus% growth in GDP, is the fastest economy in the world. While Rupee was one of the most stable currencies among emerging markets in 2023, it is still weak. In November 2023 the currency hit a record low of 83.42. On Feb 19, the currency was at 83.1. Why is the rupee so weak and how does a weak rupee benefit the country?
#rupee #rbi #dollarvsrupee #deficit #fiscaldeficit #tradedeficit #etnow #etnownews
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[@abhijitjacob]

After printing 6 trillion dollars, inr went from 75 to 83 with record investments, remittances and FDI. Macro is confusing.

[@visheshsarbhai8379]

RBI doesn’t let the rupee appreciate ever cus they are helping reliance and tata with there tcs and oil refining exports

[@jameswong07]

How can India rupee strong while the trade deficit for 2023 increases ?

[@trailersmaniadbz7894]

Depreciation of rupee mkaing indians poorer in global terms

[@Deepushettyg]

telecom sector got the growth because pvt players entered same thing should revolution in India apart from security everything must privatised ?…

[@javierdylan2283]

India never able to defeat the king American dollar.

[@krishnendukarmakar2613]

I prefer weak rupee.Weak rupee leads to global competitiveness in export and that increases export.

[@mnoorbhai]

Trade deficit as India impirts aot of military and other gear that could be curtailed .once you are and economic power , which India is not, you are also a military power , as countries reliiant on you will support yiu , look at Japan .

[@yashbanshiya3139]

Good content but very boring presentation

[@manivannana3317]

Because It is propaganda 😂