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Questions and Answers
Which factor contributed to the depreciation of the Indian rupee against the US dollar?
Which factor contributed to the depreciation of the Indian rupee against the US dollar?
- Negative trend in domestic equities (correct)
- Positive domestic markets
- Weak tone in US dollar
- Foreign fund outflows
What was the closing value of the rupee against the US dollar on Monday?
What was the closing value of the rupee against the US dollar on Monday?
- 83.10
- 83.05
- 83.12 (correct)
- 83.13
What was the range within which the rupee traded on Monday?
What was the range within which the rupee traded on Monday?
- 83.10 to 83.12
- 83.11 to 83.13
- 83.10 to 83.11
- 83.05 to 83.13 (correct)
What was the change in value of the rupee compared to its previous close on Monday?
What was the change in value of the rupee compared to its previous close on Monday?
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What is the likely direction of the rupee's trading based on risk aversion in global markets?
What is the likely direction of the rupee's trading based on risk aversion in global markets?
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