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    Abstract-Appreciation of Rupee

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    Mukesh Chauhan
    Dr. Mukesh Chauhan and Mrs. Shivani Gupta are lecturers in commerce at a government college in Chandigarh, India. They provide their contact information and state that they will be analyzing the appreciation of the Indian rupee and its impact. The document introduces that the Indian economy has grown to be a trillion dollar economy, surpassing Russia. It also notes that the rupee has appreciated over 10% against the dollar from 2006 to 2007. The research aims to understand the impact and reasons for volatility in the rupee and how its value can be stabilized.

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    Abstract-Appreciation of Rupee

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    Mukesh Chauhan
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    Dr. Mukesh Chauhan and Mrs. Shivani Gupta are lecturers in commerce at a government college in Chandigarh, India. They provide their contact information and state that they will be analyzing the appreciation of the Indian rupee and its impact. The document introduces that the Indian economy has grown to be a trillion dollar economy, surpassing Russia. It also notes that the rupee has appreciated over 10% against the dollar from 2006 to 2007. The research aims to understand the impact and reasons for volatility in the rupee and how its value can be stabilized.

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    Dr. Mukesh Chauhan and Mrs. Shivani Gupta are lecturers in commerce at a government college in Chandigarh, India. They provide their contact information and state that they will be analyzing the appreciation of the Indian rupee and its impact. The document introduces that the Indian economy has grown to be a trillion dollar economy, surpassing Russia. It also notes that the rupee has appreciated over 10% against the dollar from 2006 to 2007. The research aims to understand the impact and reasons for volatility in the rupee and how its value can be stabilized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    42 views2 pages

    Abstract-Appreciation of Rupee

    Uploaded by

    Mukesh Chauhan
    Dr. Mukesh Chauhan and Mrs. Shivani Gupta are lecturers in commerce at a government college in Chandigarh, India. They provide their contact information and state that they will be analyzing the appreciation of the Indian rupee and its impact. The document introduces that the Indian economy has grown to be a trillion dollar economy, surpassing Russia. It also notes that the rupee has appreciated over 10% against the dollar from 2006 to 2007. The research aims to understand the impact and reasons for volatility in the rupee and how its value can be stabilized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    DR.

    MUKESH CHAUHAN
    Ph. D, AICWAI, M.COM. (Accounting) & (Bus. Admn.)
    Lecturer in P.G Department of Commerce
    Govt. College, Sector-46 (Affiliated to Panjab University) Chandigarh-160047
    AND
    MRS. SHIVANI GUPTA
    M. COM. UGC (NET), M.Phil
    Lecturer in P.G.Department of Commerce
    Govt. College, Sector-46 (Affiliated to Panjab University) Chandigarh-160047

    Address for Correspondence: - Dr. Mukesh Chauhan,


    H.No. 3420,Sector-32D,Chandigarh-160037
    Mobile-09357130698 E.Mail- mukesh_garima@ yahoo.co.in
    _______________________________________________________________________
    _

    Appreciation of Indian Rupee: A Critical Analysis


    _______________________________________________________________________
    _

    Indian Economy is a “Trillion dollar economy” surpassing Russia and India is the
    world’s 12th largest economy. The forex reserves of country are around $ 200 billion.
    Whenever currency of a country moves up, it’s usually implicit that the economy of
    country is doing well. The rupee against dollar has appreciated from Rs 46 in July 06
    levels to 40.50 levels in May 07, an increase of more than 10 % in 2006. In January-May
    2007, the rupee's value in terms of pounds, euros and yen rose by 8%, 6.9% and 11.2%,
    respectively. During 2005-06, 86% of Indian exports and 89% of imports were invoiced
    in US dollars, according to the Reserve Bank of India.

    The present research is an effort to know what is the impact and reasons for Rupee
    Votality and how it can be stablised.
    [Dr. Mukesh Chauhan & Mrs. Shivani Gupta]

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