Question

An Indian importer buying goods from the USA will be concerned if the Indian Rupee:

Q: Answer-An Indian importer buying goods from the USA will be concerned if the Indian Rupee:

If the Indian Rupee depreciates against the US Dollar, it means the importer needs to pay more rupees to buy the same amount of dollars to settle the invoice, increasing the cost of imports.

A Appreciates against the US Dollar

B Depreciates against the US Dollar

C Remains stable

D Is devalued by the RBI

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An Indian importer buying goods from the USA will be concerned if the Indian Rupee:

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