Global Market's Strong Position Of The Dollar

650 words - 3 pages

1. Strong position of dollar in global market
The main reason behind rupee fall was the immense strength of the Dollar Index, which touched its three-year high level of 84.30. The record setting performance of US equities and the improvement in the labor market has made investors more optimistic about the outlook for the US economy.

2. Recession in the Euro Zone
The rupee was also feeling the pinch of the recession in the Euro zone. From the past few months global economy was suffering from Euro crisis, investors were focused on selling Euros and buying dollars. Any outward flow of currency or a decrease in investments puts a downward pressure on the rupee exchange rate.

3. Decreasing rating by Rating Agencies & slow growth projection by IMF

Due to uncertainty prevailing in Europe and the slump in the international markets, investors prefered to stay away from risky investments. The credit rating agency such as Moody has downgraded the India to BBB with a negative outlook. IMF also signed 5.6% growth rate for the economy. This global uncertainty had adversely impacted the domestic factors and led to further depreciation of the rupee.

4. Pressure of increasing Current Account Deficit

The country with high exports will be happier with a depreciating currency. India, on the other hand, does not enjoy this because of crude oil and gold consist a major portion of its import basket. Euro zone, one of India's major trading partners is under a severe economic crisis. This has significantly impacted Indian exports because of reduced demand. Thus India continues to record a current account deficit of around 4.3%, depleting its Forex reserves.

5. Impact of Commodity Prices in Global Market

As there was a sharp fall in the commodity prices (of gold and crude oil) in global market still a large part of the import bill was driven by other resources as well. The fertilizer imports surged by 30% in the last two years and coal imports have...

Find Another Essay On Global Market's Strong Position of the Dollar

The aim of this report is to provide recommendations for how Apple iTunes can enjoy a continued strong market position, in light of the recent moves by Nokia to enter the digital music industry

8143 words - 33 pages How to make iTunes to have a continuous strong market positionExecutive SummaryThe aim of this report is to provide recommendations for how Apple iTunes can enjoy a continued strong market position, in light of the recent moves by Nokia to enter the digital music industry. While this report focuses on the digital music industry, it is imperative to understand the connection with the mobile phone industry, as product integration is the key to

How strong was the League of Nations?

616 words - 2 pages on Japan. But Japan's greatest trading partner was U.S. that didn't join the League. And other European countries didn't want to stop trading with Japan because they wanted to sell their goods. So, economic sanction was almost useless for Manchuria Crisis. Economics sanction, the severest power of the League of Nations, had no effect, then how could the League have strong effect on the world?Without knowing these failure examples, we can guess


904 words - 4 pages The following points are the core of my rationale for the need to have a Program Assistant position in the Financial Aid Office. • Provide consistent and reliable information to students, parents, staff and general public. • Improve fiscal accountability and liability of all financial aid funds. • Improve services to the Omak campus. One of WVC core theme is Support for Learning: The Objective is that WVC’s non-instructional programs and

Austrlia - Balance of Payments and the pressure on the dollar

880 words - 4 pages % versus the US dollar. The Australian economy appears strong as it has experienced 12 consecutive years of growth in its GDP, averaging almost 4% per year over that time period. The unemployment rate has been cut almost in half since 1992, dropping from 11% to its current 6%.Closer Look at the Current AccountWhile the economic picture for Australia seems rosy, closer inspection gives reason to pause. The increased strength of the Australian dollar

This is a film analysis for "Million Dollar Baby," which is a strong contender, but it suffers a TKO in the last round

849 words - 3 pages paralyzed and asks to be allowed to die. Characters drink and smoke and use some strong language, including the n-word. There are some mild sexual references and some ugly insults. Some viewers may be unhappy with the portrayal of a priest who uses bad language.Families who see this movie should talk about what makes someone want to be a fighter. What does it mean to say that "everything in boxing is backward" and "sometimes the best way to deliver

Minimizing the Use of High Dollar Radiology Services

2624 words - 11 pages Minimizing the use of High Dollar Radiology Services The conversation around the rising costs of health care continues to be a high priority topic of discussion from consumer all the way up to the government. There are many products and services that contribute to the rising costs, as well as some responsibility left to practicing providers who choose to use high dollar radiology services for patient care. There is an overuse of high dollar

Symbols and myths of the us dollar bill

740 words - 3 pages Symbols of the dollar billOn the front of the bill is a stamp of the U.S treasury department that includes a scale, which represents justice, a key, which represents authority, and thirteen stars to represent the thirteen colonies.On the back of the bill are two circles, which together make the seal for the United States. In one circle is a pyramid where the face is lighted but the west side is dark. This represents that America was still a new

The Political Position of the Parliamentarians

1405 words - 6 pages In order to ascertain the ways in which the New Model Army (army) influenced the political position of the parliamentarians, this assignment will provide a brief summary describing the establishment of the army. In addition, as the Wars of the Three Kingdoms concerns events in England (with Wales), Scotland and Ireland, it is necessary to consider the army's significance in all three kingdoms. The events surrounding the immediate aftermath of

Gurcharan Das's Ideological Position To Map India on the Millennial Conjuncture A Study of India Unbound: From Independence to the Global Informat

1740 words - 7 pages parents and grandparents lived. Never before in recorded history have so many people been in a position to rise so quickly. (357) In an “Afterword” (357-73) to the book written seven years later in 2007, Das claims the worth of his predictions given in the book in 2000. He glorifies India’s performance in the globalized neo-liberal culture. He argues that the progress of India after economic reforms has proved him right. He is happy that

Position Statement-The Use of Nuclear Energy

1071 words - 5 pages Despite the fact the countries continue to increase the production of nuclear energy, my position is that new nuclear power plants should not continue to be built. The current use of nuclear power should be carefully evaluated with a plan to slowly decrease production throughout the world. The negative implications to the environment and economy support my position. The production of nuclear energy is not as safe and clean as some

the position of women in Pakistan

1013 words - 5 pages people. The essential aim of BISP is social safety to the needy and meager people where as the subordinates goals are: • To enter the women in the list of NADRA Office. • Green light of women. • To raise the status of the women in prevailing society. Conclusion: • Bettering the position of women in Pakistan’s development will not be a smooth task, but it is necessary for the forthcoming progress of the country. Hence, it needs to be deal on

Similar Essays

The Value Of A Dollar Essay

675 words - 3 pages Value of a Dollar Ask each student individually to select the correct coin out of a jar. Then the student must tell you how much each coin is worth. CHOSEN COINS Students Answer Yes No Penny Nickel Dime Quarter Fifty Cents Dollar VALUE OF COINS Students Answer Yes No Penny Nickel Dime Quarter Fifty Cents Dollar Performance Assessment This assessment is an example of a performance assessment that could be

The U.S. Dollar In A Modern Global Economy

1156 words - 5 pages The U.S. Dollar - PAGE 1 - The U.S. Dollarin a Modern Global Economy(1)ECONYour UniversityThe 'Almighty Dollar'! Given the state of our current economy, that statement holds far less true than it did twenty, ten, or even five years ago. The dollar has slipped and slid and gradually fallen with consistency for the past five-plus years, save for a negligible stint of appreciation in 2005. The emergence of the 'global economy' in the late

The Strength Of The Australian Dollar

685 words - 3 pages can have both on investment returns as well as the strategic investment process remains an important element of effective portfolio management. Apart from these, we decided to invest in Australian Dollar due to factors such as: • Despite both the global and domestic economic slowdown, the Australian economy continues to grow faster than the rest of the world, and has not suffered to the same extent as other developed markets through the global

The Importance Of Strong Fathers Essay

3672 words - 15 pages ). It can be safely wagered that a family headed by a strong, healthy, masculine father will not be portrayed in a positive and beneficial light by the media or the feminist movements, in the near future. The typically masculine dad who plays roughly with his kids, who teaches his sons to be stoical and competitive is in fact unlikely to produce a violent son. This is because this kind of father takes an active role in his son (or daughter's) life