Why Rupee value often declines - Professor K Nageshwar
Professor K Nageshwar analysing on declining of Rupee value said Indian Rupee value has been declining when compared to USA dollar. Nageshwar said it is not the same with Europe or other countries. He said Indian business and Indian borrowings are in the form of dollar i.e dollar denominated assets. Nageshwar said Indian investment is in the form of dollars as we are extensively dependent on dollars. Indian Rupee is more vulnerable when compared to USA dollar. Watch the video to listen to Nageshwar.
Mon, Jun 25, 2018, 08:06 AM
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