How does inflation in a country affect its currency's exchange rate?
High inflation in a country tends to depreciate its currency because it decreases the purchasing power relative to other currencies. This leads to less demand for the domestic currency and more demand for foreign goods, putting downward pressure on the currency.
As per the meeting of the Monetary Policy Committee in Dec 2022, CPI Inflation is projected at ____ % in 2022-23.
What is one of the potential outcomes of the defense pact being finalized between India and Italy in terms of defense exercises?
What was the theme of International Holocaust Remembrance Day 2023?
The Centre’s fiscal deficit at the end of the first quarter touched ______ of the full-year target. In absolute terms, the fiscal deficit was Rs 4...
What is the name of the new multinational task force announced by the US to counter the Houthi threat in the Red Sea?
The Securities and Exchange Board of India (SEBI) has constituted an Intermediary Advisory Committee to advise the markets regulator on changes in legal...
Consider the following about the recent launches portals of Bureau of Indian Standards (BIS):
I. Bureau of Indian Standards (BIS) has launched a ...
The Reserve Bank of India (RBI) has charged the Non-Banking Finance Company (NBFC) L&T Finance with _________ for failing to notify the change in the pe...
India recently joined which elite group by amassing foreign exchange reserves exceeding:
Indian Oil Corp. Ltd and which company have agreed to jointly promote Surya Nutan, IndianOil's innovative indoor solar cooking system?