Indian Rupee Crashes to All Time Low - Joe Blogs
The Indian Rupee has just fallen to a new all-time low
and today were digging into exactly why the currency is crashing, whats driving the sell-off, and what it means for the Indian economy.
In this video, I explain the key reasons behind the rupees continued slide from weak foreign inflows and a surging US dollar, to Indias heavy dependence on imported oil and the widening trade deficit. I also look at the impact of the falling rupee on ordinary consumers, businesses, inflation, and Indias future growth.
Well break down who wins, who loses, why inflation is still falling despite the weaker currency, and whether Indias push for rupee-based trade settlements is actually working. And critically, we explore how many countries are willing to accept Indian rupees for trade
and where India still needs US dollars to keep the economy running.
The rupee hitting a record low is more than a currency story its a signal of the pressures India is facing in a volatile global economy. This video gives you the full picture.
Chapters:
0:00 Intro
0:16 RUPEE
1:07 TRADE
3:18 IMPORTS
4:02 INFLATION
6:13 FOOD
6:53 EXPORTS
10:25 SUMMARY & CONCLUSION