Gravitas Plus: Who decides the value of your currency? Find out

Who decides the value of your currency? Why is it that one day the value of Rupee rises and the next day it falls again? Why is the value of Rupee dependent on U.S. Dollar? Molly Gambhir tells you.

#currency #usdollartoindianrupee #gravitasplus

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[luigibenni]

A quick and clearly explained economics class, better than the way some universities teach it. Well done Wion!

[KanyeCorsoTraining]

Imagine a news that presents objective facts to educate its population... Way to go India and WION..

[telugutalks]

Our beloved Finance Minister did not say all these reasons instead simply said "Rupee is not falling...Dollar is Increasing" 🙂

[AnilKumar-xwbs]

When the dollar goes up it will never come back to the same level, that is the moral of story 😢

[ashnottie]

I wish you also covered Exports become attractive when the value of your currency falls. Which in turn will help get Dollars leading to strengthening your currency.

[CA]

In 1971 the world did not abandon gold as a standard but the us reserve did..

[origaelphoenix]

I've always wondered about this at the back of my mind. Always thought it to be above my head.
Thanks for explaining it in such a well thought out manner.
At the moment it feels like TMI, though, but I'd rather know this than not know it.

[daze]

I find it almost criminal that paper ETF'S suppress the price of physical gold and silver.

[sircsaira]

1 dollar = 145.00 yen ... however, the purchasing power of the yen bills are
larger than the dollar

[Exiide]

Only solution is to be self reliant and also reduce the reliance on US dollar for international transactions. That's why India has now started authorising direct currency transactions with many countries instead of transactions in USD. Atmanirbhar Bhaarat (Self Reliant India) initiative by govt of India is a step in right direction.

[felixoppong]

I love this news station. Very educative and apt. Wion is taking over the world news

[leticiaxornamafeti]

Thank you, Molly
I've been looking for answers to this very question!

[yasminmelias]

Thank you so much- this is an eye-opener and a great piece of information.

[dineshmathela]

Wow! Beautifully presented Molly 🎉 also you look awesome 😎

[ayushdesai-dakle]

Well ain't this cold water for people making fun of Nirmala Sitharaman for saying that the Ruppe is not on free fall it's rather the dollar consolidating its value

[sandeepkini]

As always, amazing and informative content from Wion

[goldentiger]

Not just the rupee, but all currencies are in decline.

[saurabhkesharwani]

Good information, and well explained! 👍🏼

[faisalbashir]

Finally I got the answer for something i was wondering for some time that who decides the value of currency. No one takes the lead but wion, always excellent reporting and molly is the best teacher🙂

[wubishetmtadesset]

Just beautiful it was something I was wondering why...