International Research journal of Management Science and Technology
ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST
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DETERMINATION OF RUPEE DOLLAR RATE AND ITS EFFECT ON TRADE OFF
1 Author(s): VISHNU GUPTA
Vol - 4, Issue- 2 , Page(s) : 176 - 179 (2013 ) DOI : https://doi.org/10.32804/IRJMST
Demand and Supply are the key factors from how the prices of your Onions are determined, for example. Whether currency movements or prices of onions, the most important factor determining their price is the same – market forces of demand and supply. When there is huge demand for dollars, the value of dollar will increases. As the quotation for Rs/$ is a two way quote, an increase in the value of dollar would automatically mean a depreciation in Indian rupee and vice-versa.