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Falling Rupee’s Impact on Bhutanese Economy

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FallingRupeeThe value of Indian Rupees against dollar is expected to further plummet to Rs.70 against one US Dollar. It stood at 66 rupees against one US dollars as of yesterday. Could the decline of Indian Rupees against dollars impact Bhutanese Economy since Bhutanese Ngultrum is pegged with Indian Rupees?

We bring you a full discussion along with Royal Monetary Authority’s Governor, Daw Tenzin, and the Professor of Economics at Royal Thimphu College, Sanjeev Mehta.

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