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maybe becos CHINA not doing business deals with INDIA. If you seeing all business news, CHINA doing business with MALAYSIA, PAKISTAN (silk road projects), THAILAND, PHILLIPINES and OTHER ASIA COUNTRY but not INDIA??? i think.....
especially INDIA and CHINA now border conflict so many.... and INDIA always up nuclear weapon and publish and boast to CHINA
 

seoways

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I remember it was in 40-45 INR against USD in 2011...
 

jazzc

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While exchange rates can and are being manipulated, for non-fixed ones it's basically a matter of "how many people want to buy that currency and how much of it exists".

Money is also a product, like (say) apples. If there's ton of apples around but most people prefer chocolate, then the price of apples isn't going to be high.
 

SoccerLover

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maybe becos CHINA not doing business deals with INDIA. If you seeing all business news, CHINA doing business with MALAYSIA, PAKISTAN (silk road projects), THAILAND, PHILLIPINES and OTHER ASIA COUNTRY but not INDIA??? i think.....
especially INDIA and CHINA now border conflict so many.... and INDIA always up nuclear weapon and publish and boast to CHINA

Wait! What? India & China stopped the business?

Checkout
Code:
 https://www.thehindu.com/business/india-china-trade-hits-a-record-844-billion/article22970857.ece
 

seoways

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You gotto grow brother.. To talk politics in Lounge... Reminding you the rules, talking politics is restircted in BHW..

maybe becos CHINA not doing business deals with INDIA. If you seeing all business news, CHINA doing business with MALAYSIA, PAKISTAN (silk road projects), THAILAND, PHILLIPINES and OTHER ASIA COUNTRY but not INDIA??? i think.....
especially INDIA and CHINA now border conflict so many.... and INDIA always up nuclear weapon and publish and boast to CHINA
 

Array Experts

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USD Increased because of current govt policies india becoming importer.

India taking loans from other countries & giving them opportunity to develop with same fund india borrowed from him.

Ex.
India-Japan bullet train deal

India borrowing Japanese yen 150,000 crores [equal to Rs 88,000 crores], bearing 0.1% interest, with a 15 year lock-in period, repayable in 50-60 years.

Twist in the deal japani company will make bullet train, not any indian company so basically what they giving they are getting back also getting interest + profit once bullet train become really.

India Foreign Exchange Reserves Decreasing with high ratio
Code:
https://tradingeconomics.com/india/foreign-exchange-reserves

All the small business has been closed completely or about to close.

Result is no employment in india.
 
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