How EXACTLY does rise of a currency(say Indian Rupee) affect exports negatively? What else is artificial?
some details needed as i am confused as to why exports will be affected..
Answers: A rising currency method it is becoming more valuable than other currencies. That manner when someone buys something from India (an export from India), they will need more of their own currency to exchange for indistinguishable # of Rupees they are used to paying. In other words it makes the Indian stuff more expensive to them, so they are less imagined to buy as much.
For a similar reason import become cheaper, since the Rupee will buy more foriegn goods than previously.
when it rise, the populace they're selling to will have to recompense more for the same stuff
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Answers: A rising currency method it is becoming more valuable than other currencies. That manner when someone buys something from India (an export from India), they will need more of their own currency to exchange for indistinguishable # of Rupees they are used to paying. In other words it makes the Indian stuff more expensive to them, so they are less imagined to buy as much.
For a similar reason import become cheaper, since the Rupee will buy more foriegn goods than previously.
when it rise, the populace they're selling to will have to recompense more for the same stuff