Rupee is declining against dollar despite India doing better than U S in terms of economic growth Co...........

Economic Affairs Balance of Payments

Rupee is declining against dollar despite India doing better than U.S in terms of economic growth. Consider the following statements in this context

1. Dollar is demanded by investors as a safe asset

2. The impact of Eurozone Crisis caused the Dollar fall against Euro

3. High Inflation in India caused rise in real exchange rate

4. Downfall of International Trade in commodity sector Which among the above justify the question asked?

Only 1

1 , 2 & 3

1, 3 & 4

1, 2 3 & 4

2nd statement is incorrect i.e. The impact of Eurozone Crisis caused the Dollar fall against Euro

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