Question

What is Depreciation of Rupee? What is its likely impact on Indian imports and how?

Answer 1

• Rupee depreciation is when rupee value decreases (becomes less expensive) and. more rupees can buy one unit of foreign currency. This is also known as weakening of. rupee as now INR worth is less than foreign currency. • If exchange rate changes to 1$ = ` 55, we say rupee has depreciated as 1$ can buy.....

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