Accountancy, asked by Anonymous, 7 months ago

What are the causes for deprecation in Indian economy. ​

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Answered by amibini11
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Answered by Anonymous
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Costlier Imports: Cost of imports will be relatively high as the depreciation of rupee is considered. India imports more than 70% of its crude requirement from various nations. Oil prices relatively will be inflated as the cost of importing fuel rises. Per barrel crude will rise as Indian rupee continues to depreciate.

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