The current interest rate on one year’s Indian rupee deposit is 5 percent and yen (¥) deposit is 12 percent. The current ¥/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, which currency would you choose for a higher expected rate of return a year later? | Numerade

Gresham's Law and Currency Exchange Rate

Indian Rupee History: 16वीं शताब्दी में पहली बार जारी हुआ था रुपया, अब तक कैसा रहा भारतीय करेंसी का सफर - History of Indian Rupee: Who Started first Currency in India and How it Evolved From Mughal Era to Present