Indian Rupee Fall & Its impact On Indian Economy [ Must Prepare Topic ] – Hello friends welcome To Studydhaba.com . Here We are sharing one Of the Most important topic for UPSC prelims and Mains Exam.

Recently rupee witnessed a significant depreciation in its value. It’s value against the dollar has fallen by more than 5% since the start of 2018 and the fall is continuing to gain momentum.

India is not the only country to face currency depreciation, but also others like Indonesia, Argentina, Mexico, and Turkey.

Indian Rupee Fall & Its impact On Indian Economy [ Must Prepare Topic ]

Why This Topic is in News and how Much value Of Rupee Fall

  • Since Start Of 2018 Indian Rupee value fall More Than 5 Percent Against US Dollar.
  • This is the huge Fall Of Indian currency against Dollar In Recent Time.
  • Indian currency is Not Only current Which face depreciation in Recent Time .

What Are The Main Causes of depreciation

US federal Reserve = tighten Monetary policy = Less Dollar Supply In International Market = More Demand For Dollar In International Market = Less demand for Other country Currencies 

Impacts on Indian Economy

  1. High Cost For Oil Import
  2. current Account deficit
  3. inflation
  4. Corporate Revenue Loss
  5. Less Foreign Investment
  6. Unemployment Will Increase

what we can do or Way Forward for Indian Economy

  1. To solve the currency problem, Reserve Bank of India (RBI) can influence the value of rupee through effective regulation of money supply through its monetary policy stance.
  2. Benchmark interest rate can be used effectively to attract the foreign capital into the country and in result increasing the value of the currency.
  3. Direct intervention of RBI in the forex market can also help reduce the selling pressure on the rupee

Important Links

Important Links For Study Material And Test Series 

Follow Us On Facebook – Facebook Page 

The Hindu Daily News Paper Important Articles Pdf 

Join StudyDhaba.Com Telegram Channel – t.me/studydhaba

Latest Current Affairs Magazine 2019 Pdf

UPSC Prelims ,Mains ,Optional Study Materials

UPSC Prelims Test Series 2020 Pdf 

UPSC Mains Test Series 2019-2020 

UPSC Optional Test Series 2019-2020 

SSC Study Materials 2019-2020 Pdf 

IBPS Study Material 2019-2020 Pdf

Insurance Exams Free Study Materials Pdf 2019

NEET Exam Free Study Material Pdf 

Latest RRB Study Material Pdf 

Teaching Exams Study Material Pdf 

EContact US  [email protected] / [email protected]
Note & Disclaimer – All Study Materials Here are shared Only For Educational Purposes .Most of The Material Is Already Available On Internet .We Are Just Sharing That Link Only  . Whole Materials Is For Education Purpose Only .We Work hard to Provide You Quality Study Materials And Error Free Study Materials For All Competitive Exams .You can Also Share Study Materials,Notes Or Any Materials With Us .We Will Publish That Material On Our Website .It is a Humble Request To All Of You Please Share This Post With Your Friends And On Social Media .