Beautiful Economics
Economics explained carefully and kept where you can find it again — not buried in a feed two days after it was written.
PLATE I
The rupee this morning
European Central Bank reference rates, 2026-10-16
The rupee is noticeably stronger against the dollar than a month ago, at 94.96 to the dollar — a move of 1.0%.
- $1 buys ₹94.96 90-day range ₹94.49 – ₹96.78
- €1 buys ₹106.86 90-day range ₹106.53 – ₹111.96
- £1 buys ₹126.63 90-day range ₹125.92 – ₹130.69
- ¥100 buys ₹60.09 90-day range ₹58.44 – ₹62.05
Slower numbers, for scale. These move once a year, not once a day.
- 2.4% Consumer price inflation Annual average, India · 2025
- 7.57% GDP growth Annual, constant prices · 2025
- 4.22% Unemployment Modelled ILO estimate · 2025
Annual indicators from the World Bank. Updated automatically each weekday.
Today's concept
A NEW ONE EVERY DAY
Comparative advantage
Two people both gain from trading even when one of them is better at everything.
Latest writing
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17.10.2026
Why Beautiful Economics now has its own address
The page stays. But a post that disappears in two days is a bad place to keep something you want people to use more than once.
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12.10.2026
Your feed is loud for a reason
Headlines did not get shriller because journalists got worse. They got shriller because attention became the scarce good, and scarcity has consequences economists can describe precisely.
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