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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-trace').style.display = (document.getElementById('cakeErr67efd0ef338d1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67efd0ef338d1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-code').style.display = (document.getElementById('cakeErr67efd0ef338d1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-context').style.display = (document.getElementById('cakeErr67efd0ef338d1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67efd0ef338d1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<strong>As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan</strong></h1>
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<p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.</em></p><p style="text-align:justify">The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.</p><p style="text-align:justify">Looking closely at the numbers it does seem to be the case but India’s macro-economic woes are being accentuated by external factors. For example, a tightening of the US Federal Reserve’s short-term interest rates – due to high inflationary expectations – has occurred at a time when the dollar is strengthening in its relative value, influencing weaker currencies, like the Indian rupee.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos" title="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos">click here</a> to read more. </p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-trace').style.display = (document.getElementById('cakeErr67efd0ef338d1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67efd0ef338d1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-code').style.display = (document.getElementById('cakeErr67efd0ef338d1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-context').style.display = (document.getElementById('cakeErr67efd0ef338d1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67efd0ef338d1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<p style="text-align:justify"><em>Costlier imports and the widening of the current account deficit is likely to eat into India&rsquo;s foreign currency exchange reserves.</em></p>
<p style="text-align:justify">The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India&rsquo;s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.</p>
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<p style="text-align:justify">Please <a href="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos">click here</a> to read more.&nbsp;</p>
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Costlier imports and the widening of the current account deficit is likely to eat into India&rsquo;s foreign currency exchange reserves.
The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical...'
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Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/as-the-rupee-touches-80-to-the-dollar-what-does-this-mean-for-india-s-economy-deepanshu-mohan.html"/>
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Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.
The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical..."/>
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<strong>As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan</strong></h1>
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<p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.</em></p><p style="text-align:justify">The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.</p><p style="text-align:justify">Looking closely at the numbers it does seem to be the case but India’s macro-economic woes are being accentuated by external factors. For example, a tightening of the US Federal Reserve’s short-term interest rates – due to high inflationary expectations – has occurred at a time when the dollar is strengthening in its relative value, influencing weaker currencies, like the Indian rupee.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos" title="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos">click here</a> to read more. </p> </font>
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header - [internal], line ??
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-trace').style.display = (document.getElementById('cakeErr67efd0ef338d1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67efd0ef338d1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-code').style.display = (document.getElementById('cakeErr67efd0ef338d1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67efd0ef338d1-context').style.display = (document.getElementById('cakeErr67efd0ef338d1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67efd0ef338d1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<strong>As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan</strong></h1>
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<p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.</em></p><p style="text-align:justify">The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.</p><p style="text-align:justify">Looking closely at the numbers it does seem to be the case but India’s macro-economic woes are being accentuated by external factors. For example, a tightening of the US Federal Reserve’s short-term interest rates – due to high inflationary expectations – has occurred at a time when the dollar is strengthening in its relative value, influencing weaker currencies, like the Indian rupee.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos" title="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos">click here</a> to read more. </p> </font>
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Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.
The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical...'
$disp = '<p style="text-align:justify">-Scroll.in</p><p style="text-align:justify"><em>Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.</em></p><p style="text-align:justify">The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.</p><p style="text-align:justify">Looking closely at the numbers it does seem to be the case but India’s macro-economic woes are being accentuated by external factors. For example, a tightening of the US Federal Reserve’s short-term interest rates – due to high inflationary expectations – has occurred at a time when the dollar is strengthening in its relative value, influencing weaker currencies, like the Indian rupee.</p><p style="text-align:justify">Please <a href="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos" title="https://scroll.in/article/1028767/as-the-rupee-sinks-to-80-to-the-dollar-what-does-this-mean-for-indias-economy?fbclid=IwAR13NpoauDAABvIsaMtCJUbpXsm8z3hd5XIR7lZDZxAY8SRJxTp8X41dZos">click here</a> to read more. </p>'
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latest-news-updates/as-the-rupee-touches-80-to-the-dollar-what-does-this-mean-for-india-s-economy-deepanshu-mohan.html"/>
LATEST NEWS UPDATES | As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan | Im4change.org
As the rupee touches 80 to the dollar, what does this mean for India’s economy? -Deepanshu Mohan
-Scroll.in
Costlier imports and the widening of the current account deficit is likely to eat into India’s foreign currency exchange reserves.
The Indian rupee touched a historical low, trading almost at Rs 80 against the US dollar on Wednesday. A knee-jerk, macro-analytical response studying India’s currency performance would mistakenly see this trend in isolation, while projecting a weakening of macro-economic fundamentals to be leading towards a depreciation.
Looking closely at the numbers it does seem to be the case but India’s macro-economic woes are being accentuated by external factors. For example, a tightening of the US Federal Reserve’s short-term interest rates – due to high inflationary expectations – has occurred at a time when the dollar is strengthening in its relative value, influencing weaker currencies, like the Indian rupee.
