Tag: Currency

Losers and gainers when any currency is depreciated

    After depreciation of any currency the following are the Losers and gainers. Losers All those who have $ obligation will need more home currency to buy the same amount of dollars. Importers of Oil, Gems& Jewellery and other…

Trade deficit and its effect

  Government and central bank of India are trying to control the trade deficit as it was 4.2% of the GDP in 2011-12 .And because of the wider deficit; Indian currency has regularly fallen down. Main reason behind the broader…