Economy, asked by nehakumari3295, 11 months ago

If the indian rupee depreciation in the foreign exchange market indian exports will be

Answers

Answered by brainlystargirl
38
Heya...

See here for your answer...

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If Indian rupee depreciate in the foreign exchange market then Indian exports will be INCREASED ..

Reason --

If Indian rupees depreciate it means the value of our country reduced, it leads to cheaper imports from our country by other outer countries, so they will buy more from India and our exports rise..

Thank you
Answered by Anonymous
0

Explanation:

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. This means it takes more rupees to exchange with a dollar. Most of the international trade happens in US dollars.

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