Experts believe the depreciation of the rupee has increased inflation but made exports competitive


Experts believe the depreciation of the rupee has increased inflation but made exports competitive

The rupee value is depreciating which has an impact on the present account deficit and increased inflation. On the other hand, it has also made the exports of India a lot more competitive. The rupee is depreciating day by day against the dollar and has approximately reached the mark of 80. This has made the imports also costly. 

 

 

 

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