Fluctuating exchange rates threaten Indian economy, impacting growth and stability.
The study looked at what factors affect the exchange rate between the Indian Rupee and the US Dollar. They used data from official sources and statistical tools to analyze the information. The researchers found that the global economic outlook, balance of payment, and foreign investment flows play a big role in determining the future of the Indian Rupee. The exchange rate of the Indian Rupee against the US Dollar has fluctuated over the years, especially after the sub-prime crisis in 2008. This has had significant impacts on the Indian economy, as the US Dollar is a widely used global currency.