Indian Rupee at Two Year High
The article describes the appreciation of Indian Rupee , highest in last two years , against the US dollar. The Indian Rupee has been appreciating on account of foreign investments and credit flows into the Indian economy.
The topics covered are determinants of Exchange Rate, Effects of Investment and Interest rates on Exchange rates. Explain using the Exchange Rate diagrams.
Evaluation will include the short term and long term effects of currency appreciation on Current Account , Balance of payments , Exporters, Importers, Consumers, workers, domestic producers and Government.