Journal Press India®

International Journal of Management Issues and Research
Vol 11 , Issue 2 , July - December 2022 | Pages: 20-24 | Research Paper

Why Rupee Value Depreciating in Comparison to the US Dollar?

Author Details ( * ) denotes Corresponding author

1. * Jyoti Bhati, PhD. Scholar, Department of Management, Sharda School of Business Studies, Sharda University, Greater Noida, Uttar Pradesh, India (jyotibhati333@gmail.com)
2. K.R. Gola, Assistant Professor, Department of Management, Sharda School of Business Studies, Sharda University, Greater Noida, Uttar Pradesh, India (kr.gola@sharda.ac.in)

In this article, the effects of the recent rupee depreciation versus the dollar on the Indian economy have been examined. The data is collected through secondary sources. The study addresses the main causes of the depreciation of the Indian rupee and how it is effecting the Indian economy. The major reasons for rupee value depreciation are the increased cost of crude oil, a large-scale outflow of FI, and the increased US fed rate. The weakening of the currency made domestic products and services more inexpensive than before. Exports grow as imports decline. Developing countries frequently work to enhance their export industry in order to raise their GDP level.

Keywords

Depreciation, GDP, Foreign Income, Fed rates, Export Industry

  1. Benjamin, H. S. (2022, July 16). Onmanorama. Retrieved from Explained | Why the Indian Rupee is depreciating: https://www.onmanorama.com/news/business/2022/07/16/indian-rupeedepreciation-explained.html
  2. Jain, Y., 2014. Impact of Indian currency Depreciation against US Dollar on an Investor: An Analytical Study at Udaipur, India. International Journal of Innovations in Engineering and Management, 3, pp.64-70.
  3. Kumar, R. K. (2022, July 22). zeebiz. Retrieved from Rupee: Appreciation, depreciation, impact on people and economy—Explained: https://www.zeebiz.com/market-news/newsrupee-appreciation-depreciation-impact-on-people-and-economy-explained-190654#:~:text=Due%20to%20the%20depreciation%20of,making%20imported%20goods%20more%20expensive.
  4. Singh, P., 2013. Depreciation of Rupee in Indian Economy: An Analysis,“. International Journal of Innovations in Engineering and Technology (IJIET), 2(4), p.332.
  5. The Economic Times. (2022, July 18). Retrieved from Rupee depreciates by 25% since December 2014: https://economictimes.indiatimes.com/markets/forex/rupee-depreciates-by-25-since-december-2014/articleshow/92960620.cms
Abstract Views: 1
PDF Views: 135

Advanced Search

News/Events

Ramachandran Interna...

Ramachandran International Institute of Management (RIIM), Pune Org...

PCETs Pimpri Chinchw...

PCET's Pimpri Chinchwad College of Engineering and Research Org...

Institute of Managem...

Institute of Management Technology, Nagpur Organizing International...

GENDER CULTURES: Mul...

IIULM University, Milan, Italy Organizing GENDER CULTURES: Mul...

Dept. of MBA, Karnat...

Department of MBA, KLS, Gogte Institute of Technology, Belagavi Org...

Indira School of Bus...

Indira School of Mangement Studies PGDM, Pune Organizing Internatio...

Indira Institute of ...

Indira Institute of Management, Pune Organizing International Confe...

D. Y. Patil Internat...

D. Y. Patil International University, Akurdi-Pune Organizing Nation...

ISBM College of Engi...

ISBM College of Engineering, Pune Organizing International Conferen...

Periyar Maniammai In...

Department of Commerce Periyar Maniammai Institute of Science &...

By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy.