REACH - Prof. Subhashini Muthukrishnan

Back cover of the recently published book!

Watch Dr Manmohan Singh answer questions to a young student, with the seriousness and enthusiasm he would answer after a budget session in parliament!. greatness of the learned man! .

The Gentleman Prime Minister. | Dr. Manmohan Singh | TEDxYouth@DoonSchool India’s fourteenth Prime Minister, Dr. Manmohan Singh is rightly acclaimed as a thinker and a scholar. He is well regarded for his diligence and his academic...

https://www.youtube.com/watch?v=L2K4aM4MeBw&t=562s

The Indian rupee is currently depreciating in terms of dollar. The question is what is causing it and what are the effects of a depreciating rupee. Surplus or deficit in the balance of payments affect the demand and supply of foreign currency which affects exchange rates. Macro-economic variables like domestic production, inflation,interest rates, capital flows among others are all affected by fluctuating excahnge rates. The operation of demand and supply of foreign exchange in the international foreign exchange market results in depreciation or appreciation of currency values. This is an automatic response to market forces. This can be exlained with the help of a diagram.When the govt intervenes and reduces the currency value it is devaluation of a currency. Excahnge rates can be fixed, flexible or pegged . The other important concept is that of convertibility of a currency in current and capital account.
video link for balance of payment :https://www.youtube.com/watch?v=xR8Ft...

https://www.youtube.com/watch?v=Yej3CYsuoY8&t=1599s Foreign exchange market emerged to solve the difficulties of acceptance of domestic currency in international trade. This globally interconnected market works 24 hours and five days a week,has had a single day trade of $ 6.6 trillion in 2019, trades in different currencies of the world and not in goods and services unlike in other markets
The market provides opportunities for individuals to participate in the market as brokers. This market buys and sells currencies in pairs and this buying and selling involves risks and volatility.

#An introduction to foreign exchange market Forex exchange market emerged to solve the difficulties of acceptance of domestic currency in international trade. This globally interconnected market which ...