Many Indian companies who earn their money in US dollars or NRIs need to keep a tab on world currency rates vs the Indian rupee. If the US dollar weakens against basket of other currencies, it tends to also impact the Indian rupee. Comparing the Indian Currency with World Currency Rates If there is any imbalance in the volume of the currency printed, then it will result in Inflation or Deflation.
The Inflation and the deflation of a country is also dependent on the currency. The exchange rate of the top currencies matters to those who trade and also the one who is traveling from a country to another country. Years ago money in various countries was based on the gold or silver reserves or combination of the two availability in the country. The exchange rate of these currencies changes depending upon the political and economic conditions in the country and the interest rate paid by a country's central bank is also a big factor. As of now, The top currencies are Dollar, Yen, Euro, Pound, Franc, etc. You can take a countries currency and compare it with some other countries then you can understand the economic situation of that country. Europian Currencies Vs Indian Rupee (INR) EUR
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