Why not print money in India to bring its value against the dollar under the currency?
This affects jobs … Arose currently at 39.51 rupees per dollar. 2 days ago, the Economic Times has shown how to use the rise of the Indian rupee affects jobs. Inflation is the lowest since 9 years (3.0%). Both previous answers are wrong. The international gold standard was abandoned in the Bretton Woods Conference in 1971. central bank any country – no one – will give gold in exchange for their rupiah. Today, the money goes into the Fiat system, ie, hope that the government gives us a rupee value purchasing power of every rupee that we have. But that is another discussion. Regarding inflation, which is a possibility, but as you said, 3.0 is a good place itself be, and the government does not mind going up to 4.5 or less by printing money. But the reason the central bank does not print unlimited amounts of money because it is against of the principles of India to control the value of the rupee. India is committed to free markets, which means that the market – not the central bank – will
