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Depreciation of Indian Rupee

In: Business and Management

Submitted By lpuums
Words 4627
Pages 19
Project Report on
Depreciation of Indian Rupee

Seminar on Contemporary Issues of Management

Submitted To: Submitted by:
Ms. Tanya Nagpal Reema Bharti Reg no.10901821

Abstract
In this project report on Depreciation of Indian Rupee I have highlighted the different aspects of this problem. The Indian economy is at crossroad today. The Indian rupee had depreciated 20% since January and one of the worst performing currencies in the emerging markets. In this report first of all the different factors upon which a currency’s value is depended are explained such as demand and supply, market sentiments, speculations, debt and fiscal policy, interest rates etc.
There are various reasons because of which Indian Rupee depreciated. Major reasons such as volatility in market rates, increase in crude oil prices and its consumption, increased imports, poor management of CAD are playing actively in depreciating Indian rupee.
As there are two sides of every coin. There are winners and losers in this case also. Broadly talking that whoever is paying dollar is loser and receiver of dollar is winner.
Falling rupee value affected different sectors of economy in different way but if want to take a wide view, it is having negative impact on economy’s every sector.
But we should not lose hope. In today’s volatile world things change rapidly. Take the example of US economy: at this time last year, the biggest risk to the world was US “fiscal cliff”. Today the US economy became the biggest driver of global growth. It would not be surprised if, in few years, the same story is repeated for India.

Acknowledgement
A project work is a combination of different views, ideas, suggestions and

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