US Economy in Shambles

October 2008
Chemical Business;Oct2008, Vol. 22 Issue 10, p8
Trade Publication
The article focuses on the stand of the Dyestuffs Manufacturers' Association of India (DMAI) concerning the financial market turmoil in the U.S. They acknowledged the economic impact of the turmoil on many advanced nations as well as the developing nations including India. They cited the economic implications of the depreciation of the Indian rupee against the U.S. dollar by more than 20%. Members of DMAI are advised to tread international trade with caution to avoid any serious setback.


Related Articles

  • Need for increased DEPB rates.  // Chemical Business;Aug2007, Vol. 21 Issue 8, p6 

    The article reports that the Indian government has at last come out with the Notification increasing the DEPB rates by 2% available to many key segments, including the dyes & dye intermediates, in a bid to provide some relief to the exporters hit by rupee appreciation of more than 12% during the...

  • Rupee Appreciation Will Slow.  // Emerging Markets Monitor;12/15/2003, Vol. 9 Issue 34, p6 

    Predicts the prospects facing India's rupee in the foreign exchange market through 2004. Influence of the U.S. dollar trend on rupee; Potential for increased volatility; Increase in inflation figures in November 2003; Prediction on investment flows.

  • Exchange Rates: Recent Developments.  // India Country Monitor;Feb2012, p12 

    The article discusses the developments in the foreign exchange rates in India as of January 25, 2011. It notes the decline of the appreciation for Indian rupee against U.S. dollars. Local banks in the country have began building positions for the U.S. dollar following the failure of European...

  • Impact of Rupee- Dollar Fluctuations on Indian Economy: Challenges for Rbi & Indian Government. Grewal, Anshu // International Journal of Computer Science & Management Studies;Aug2013, Vol. 13 Issue 6, p22 

    This paper explores the impact of Rupee -- Dollar fluctuation on Indian economy. The circumstances which has been created for the economy due to depreciation of rupee against dollar reveals that there has been a strong and significant negative impact of this currency volatility on many sectors....

  • Markets turn volatile and choppy. Bhatia, Sanjay R. // Money Times;5/5/2014, Vol. 23 Issue 26, p1 

    The article reports on the volatile and choppy trend of financial market in May 2014. It states that foreign institutional investors (FIIs) remained net buyers in cash segments and domestic institutional investors (DIIs) continued to urge sales and were net sellers. It also mentions that the...

  • RBI Forecast Vs. GARCH-Based ARIMA Forecast for Indian Rupee-US Dollar Exchange Rate: A Comparison. Datta, Kanchan; Mukhopadhyay, Chandan Kumar // IUP Journal of Bank Management;Nov2010, Vol. 9 Issue 4, p7 

    Foreign exchange risk management is a new challenging area. After globalization, the perfection in exchange rate forecasting is very essential for hedging decisions. In this paper, an attempt has been made to estimate the parameters of Autoregressive Integrated Moving Average (ARIMA) and...

  • Oh shit. The sky is falling, again.  // In Search of the Perfect Investment;6/1/2012, p1 

    The article presents the author's comments on the rising value of the U.S. dollar and the currency crises in Europe, China, and India. The author says that the value of the U.S. dollar is increasing compared to the Indian rupee and other currencies in the world. The author comments on the...

  • Indian Rupee Hits All-Time Low Against the Dollar.  // India -- West;6/1/2012, Vol. 37 Issue 28, pB7 

    The article presents information on the weakness of rupee against the U.S. dollar.

  • DOLLAR WORRIES. MALLIK, ARINDAM // SP's AirBuz;Apr/May2014, Vol. 7 Issue 2, p14 

    The article reports on the impact of the depreciation of Indian rupee against U.S. dollars on the condition of the aviation industry in India from 2011 to 2013.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics