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What is Indian Rupee Appreciation Analysis about?

The Indian rupee has appreciated significantly against the US dollar from 2002-2007 due to several factors. Strong foreign direct investment inflows, external commercial borrowings by Indian companies, and foreign portfolio inflows into the stock market have increased capital inflows. Remittances from non-resident Indians and workers overseas have also contributed to the appreciation. Additionally, stabilizing oil prices and a weaker US dollar have reduced pressure on the rupee. Stronger Indian economic fun

Author

Mukesh Chauhan

Language

EN