Latest Breaking News On - ஷாஷாங்க் மேந்திறத்த - Page 1 : comparemela.com

July 8, 2021 The Covid-19 pandemic has thrown the Indian economy into an unprecedented recession. Hundreds of small businesses have shuttered, unemployment is on the rise, and household incomes are dwindling. But despite this upheaval, the Indian currency has remained surprisingly stable. On July 7, the Indian rupee was valued at 74.62 to the dollar as compared to 75.66 in the last week of March 2020 when the pandemic first reached the country’s shores. Experts believe that a combination of global and domestic factors has helped the rupee to remain strong, and most of the reasons are linked to the positive long-term outlook on India. “People digested the fact that lockdown would lead to a contraction in the economy very quickly. They focused on how fast the economy was pulling out of it,” Abheek Barua, chief economist of HDFC Bank said. “So the rupee outperformed its Asian emerging market peers.”

Abheek baruaShashank mendirattaDepartment for promotion of industryReserve bankInternal tradeஷாஷாங்க் மேந்திறத்ததுறை க்கு ப்ரமோஶந் ஆஃப் தொழில்இருப்பு வங்கிஉள் வர்த்தகம்