India
imports and exports data tells us about a number of
factors relating to Exports and Imports of India. Exports can be defined as the
process of one country selling goods to another country in exchange of a
currency; this currency could be the US Dollar or the Euro. However, imports
can be defined as the goods that have
been purchased by one country from another country or a group of countries in exchange of a commonly accepted currency, this commonly accepted currency is the US Dollar or the Euro.
been purchased by one country from another country or a group of countries in exchange of a commonly accepted currency, this commonly accepted currency is the US Dollar or the Euro.
Currency Fluctuation affects on import and export:
India imports and exports data tells
us that currency fluctuations are one of the major factors that affect the
amount of imports or exports done. The rise or fall of a currency depends on
the demand for that currency in the international market. When the demand for a
currency is very low, the currency will be very cheap (Indian Rupee) but in
case the demand of the currency is very high the currency will be expensive (US
Dollar). In case the demand for the Indian rupee falls in the market and price
of Indian goods and services also falls. This fall in prices, of Indian goods,
pushes there demand up in the market.
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