Wisdom collection

  Most of the rules in economics are malleable and depend on the context of the situation, except one. If demand rises faster than supply, prices rise. If supply rises faster than demand, prices fall.   When demand increases much faster than supply, prices rise sharply. This sharp increase in prices is what is termed as inflation.   transitory means for short time.

higher  is positive for INR and lower is negative for INR.

Bigger rate hikes from the Fed, and the soaring US dollar are certainly not a gift for other central banks. The US dollar is a base currency, and the rapid appreciation in the greenback increases the cost of the goods that the other countries negotiate in terms of US dollars on international markets, starting from oil and commodities. As a result, a stronger US dollar is a bigger inflation threat for the world.  

13 countries are there in opec and 10 oil producing allies including Russia. 1. IRAN  2. IRAQ. 3 KUWAIT 4. Saudi Arabia  5. Venezuela  These above are founding members.      Full members 6.Algeria 7. Angola 8.Congo. 9 Equatorial  guinea. 10. Gabon 11.libya 12 Nigeria. 13.UAE 

Us का crude oil होता है,और UK का Brent होता है,