Question

Indian exports have declined even when rupee has depreciated in the recent past. How do explain this fact? ​

Answer 1

Explanation:

If the demand for the dollar in India is more than its supply, dollar appreciates and rupee depreciates. Similarly, when the supply of dollars in India increases its demand, the value of dollar decreases in terms of rupees. ... This, increase in demand for dollar weakens the rupee further.

Answer 2

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