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The world's largest democracy and a fast paced emerging economy is heading towards election and this is when the currency is bound to get affected. India has been witnessing a stable economy under the current government who had a sweeping majority. The idea of a coalition holding chances to gain power brings the concept of uncertainty. Markets do not prefer the uncertainty that couples well with coalition. Election months also bring popular campaign methods as the forerunner, paving the way for inflation ahead, the factor which works well against rupee and will definitely escalate the dollar exchange to the feared 75 by the end of 2019. Moving ahead, it is important to understand the effect of the expected depreciation of rupee against dollar. Depreciation of the rupee will change the dynamics of the crude oil import bill. This will further trigger many other problems. The game play of rupee depreciation and inflation is yet another consequence of foreseen steep increase in US Dollar Exchange.

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Is Rupee Marching Towards 75 Against Dollars In 2019?  

Are you an avid traveller? Is US in your travel list this year? Are you looking to buy the US dollar? Want to know the best USD exchange rat...

Is Rupee Marching Towards 75 Against Dollars In 2019?  

Are you an avid traveller? Is US in your travel list this year? Are you looking to buy the US dollar? Want to know the best USD exchange rat...

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