The Indian Rupee at 80 Dollar Vs Rupee ET Money

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=pvYlFNNhc64

In the last three months, the Indian rupee has depreciated by about 4% and there is genuine • debate of it coming close to 80 rupees to the dollar in the near future. In this video, we examine. • rupee depreciation in greater details as we understand it’s reasons, its implications, which • sectors is it likely to affect and what are the recourses available on a policy and consumer front. • Our research puts forth three factors that seem to be dragging the rupee to historic lows • 1. Overseas investors exiting the Indian financial markets. • 2. Delay in LIC’s IPO • 3. Price of Oil • :point_right: IMPACT OF RUPEE DEPRECIATION ON THE CONSUMER • 1. Foreign travel become more expensive • 2. Higher inflation • 3. Increase in interest rates • 4. Decline in investment portfolio • However, if you are a non-resident Indian, you would see a increase in the notional rupee value of dollar deposits kept in FCNR accounts in India. • :point_right: SECTORS THAT BENEFIT (AND DON’T) FROM RUPEE DEPRECIATION • Sectors that benefit. • ● Information Technology • ● Pharmaceuticals • ● Exporters • ● Software • ● Textiles • Sector that DONT benefit • ● Industries that use petroleum products as raw material like plastic products, chemical • products, paints, detergents, fertilizers etc. • ● Automobile and transportation/logistics sector • Yet another area one should be aware of is the extent of borrowings companies have made in • foreign currency. So to put it together, a currency’s appreciation or depreciation can have a massive impact on a country, sector, company or individual’s finances. • 👉 Chapters • 00:00 Introduction • 00:40 The Winners Losers of Rupee Depreciation • 05:54 Impact of Rupee Depreciation on the Consumer • 08:47 Sectors that benefit (And Don’t) from Rupee Depreciation • #ETMoney #RupeeDepreciation • 👉 To invest in Direct Plans of top Mutual Funds for free, download the ETMONEY app: https://etmoney.onelink.me/unJQ/5ca1ae3b • ► Subscribe to ET Money Hindi • / @etmoneyhindi • 👉 Read more such informative articles at https://www.etmoney.com/blog • 👉 Follow us on: • ► Facebook: / etmoney • ► Twitter: / etmoney • ► Instagram: / etmoney_official • ► LinkedIn: / et_money

#############################

New on site