Question

Depreciation of indian currency as it leads to rise in exports justify

Answer 1

Answer:

a person who refuses to obey people

Answer 2

Answer:

The direct and immediate impact of the exchange rate is on the exports and imports of a country. When the rupee depreciates, it loses value with respect to the dollar. ... Therefore, as rupee depreciates, exports become more profitable, because the exporter earns more rupees for exchanging dollar.

It is generally done by the Central bank of the country, RBI in the case of India, to promote the exports and competitiveness in the market. Depreciation occurs when the forces of supply and demand cause the value of the currency to drop, so it can buy less.