Why dollar is moving up and rupee is going down?

Well one needs to understand here what is "Up" and "Down". Many people don't really understand that. If Rs is 50 per 1 USD (also depicted as USD:RS::50:1 or USD/RS - 50:1 or simply USD/RS - 50)& thenRs moves to 45 per 1 USD ( Simply USD/RS - 45),That does mean rupee is falling in its value..!That means Rupee actually is Appreciating against dollar/Strengthening i.

E Initially 50 RS had power to buy 1USD but now even 45 RS can buy 1USDSo if rupee is falling, that means RS is strengthening against weakening USDThats how other currencies are also valuedAs regard recession,USD is the only currency right now which people buy(strengthen it) and sell others(make then weak)when recession fears deepen or there is bad news around (just like Swine flu news few days back)RS fell to all time weakness of some 51+ just a while back....bcoz of same fearsOther currencies also fell. & USD was strengthenedNow some fears have been allayed and some are saying recession is over, so thats why minor currencies have again started appreciating and so is rupee. Hope you got the idea at least.Regards.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions