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Donald Trump's steep 50% tariffs on India have kicked in, weeks after the US president issued an executive order imposing an additional 25% penalty on India over its purchases of Russian oil and weapons. This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries hit with the highest tariffs in the world ...
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The current interest rate on one year’s Indian rupee deposit is 5 percent and yen (¥) deposit is 12 percent. The current ¥/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, which currency would you choose for a higher expected rate of return a year later? | Numerade
The current interest rate on one year’s Indian rupee deposit is 5 percent and yen (¥) deposit is 12 percent. The current ¥/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, which currency would you choose for a higher expected rate of return a year later? | Numerade
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