US ban on Iran impact on Indian market, rupee weakens, inflation may rise
The good days of Indian rupee are continuously moving away. There is a deep impact on the Indian economy. Now the rupee has fallen to the lowest point of 15 months compared to the dollar.
New Delhi: The news of the ban on Iran has affected the impact of the international market right now. There will be turmoil in the entire market now. The price of oil will affect all over the world. In India, there will not be much difference in oil supply from any other country. But the price of oil will affect. Over the next 4-5 months, the price of oil will remain in turmoil around the world. America wants that the price of oil will not rise much but he will not be able to control even after wanting.
Any agreement that was going to happen to Iran, whether it is gas or oil, will have a negative impact on India. Because the United States has made it clear that there should be no connection with Iran. And going against the US is very difficult for any country to go.
Rupee fall against dollar will make
India harder for good days, good days of Indian Rupee are continuously moving away. There is a deep impact on the Indian economy. Now the rupee has fallen to the lowest point of 15 months compared to the dollar. One dollar of Rs 67.13 The rupee has seen its lowest level even during the tenure of the Modi government. In November 2016, the rupee had touched a low of 68.80 against the dollar. When the Modi government was ruling in Delhi in May 2014 then the rupee was around 60 level against the dollar.
India harder for good days, good days of Indian Rupee are continuously moving away. There is a deep impact on the Indian economy. Now the rupee has fallen to the lowest point of 15 months compared to the dollar. One dollar of Rs 67.13 The rupee has seen its lowest level even during the tenure of the Modi government. In November 2016, the rupee had touched a low of 68.80 against the dollar. When the Modi government was ruling in Delhi in May 2014 then the rupee was around 60 level against the dollar.
How is the price of
rupees worth of rupees completely dependent on its demand and supply? Import and export also have an impact on this. Every country has a stock of foreign currency in which it transmits. The currency of the country is fixed only by the decreasing and increasing foreign exchange reserves.
rupees worth of rupees completely dependent on its demand and supply? Import and export also have an impact on this. Every country has a stock of foreign currency in which it transmits. The currency of the country is fixed only by the decreasing and increasing foreign exchange reserves.
Why rupee is falling is the
first reason why the rising price of oil is one of the main reasons for the continuous weakening of rupee is the rising cost of crude oil. India is one of the largest importers of crude oil. Crude oil prices are at a three-and-a-half-year high and have reached around $ 75 a barrel. India imports more oil and its bill also has to be repaid in the dollar.
first reason why the rising price of oil is one of the main reasons for the continuous weakening of rupee is the rising cost of crude oil. India is one of the largest importers of crude oil. Crude oil prices are at a three-and-a-half-year high and have reached around $ 75 a barrel. India imports more oil and its bill also has to be repaid in the dollar.
Selling of Foreign Institutional Investors - Foreign Institutional Investors have sold shares of Indian Rupee 15 thousand crores only in April in the Indian stock exchanges and collected profits in the dollar and took them to their country. In America, earnings from bonds have increased. Now US investors are taking their investments from India and taking them to their own country and investing in bonds there.
Influence of Rupee will affect
the public, the biggest impact will be that inflation will increase. Crude oil imports will be expensive and inflation will also increase. If the transportation is expensive, then vegetables and food items will be expensive. Payments in dollars will also be huge. Apart from this, going abroad will be expensive and children's studies abroad too will be expensive.
the public, the biggest impact will be that inflation will increase. Crude oil imports will be expensive and inflation will also increase. If the transportation is expensive, then vegetables and food items will be expensive. Payments in dollars will also be huge. Apart from this, going abroad will be expensive and children's studies abroad too will be expensive.
The advantage
of which is better for the weak rupee exports; Industry related to all exports will be better, ie pharma companies, IT companies, which come from other countries, will have profits
of which is better for the weak rupee exports; Industry related to all exports will be better, ie pharma companies, IT companies, which come from other countries, will have profits
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