all country currency rate in indian rupees list 2021

This paper explores the impact of Rupee-Dollar fluctuation on Indian economy. The result shows that the rupee value depreciated in the same direction, but it has depreciated more during the period of the global financial crisis in 2008. The trend line, Kolmogorov-Smirnov test and t-test were used in this study. The secondary data of the monthly average value of Indian Rupee against US dollar from July 2008 to November 2008,for analysis of Indian rupee exchange rate volatility during global financial crisis 2008, and from January 2020 to May 2020 for analysis of Indian rupee exchange rate volatility during a pandemic situation of Covid-19 is taken in this study. The attempts made to analyze the Indian rupee value volatility during the period of two crises. The rupee value also has highly depreciated during the period of global financial crisis, 2008 and novel coronavirus disease, 2019 crisis. The exchange rate of Indian rupee value against US dollar has doubled from the year 2008 to the year 2020 it shows that the rupee value deflated nearly half of the value during from the year 2008 to the year 2020. During the last decades, Indian rupee value has fallen continuously, and the exporters are getting less foreign currency for their export. It also decides the currency power in the globalized market. Rupee value against foreign countries' currency is one of the important factors influencing the foreign currency inflow of India.

All country currency rate in indian rupees list 2021