What steps should we take to make INR more strong?
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1
Answer:
Foreign investors like to invest in such an economy. They will buy government bonds, stocks, real estate etc. This activity creates more demand for local currency (USD comes in to exchange INR). Increase demand for currency (say INR) will strengthen it.
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0
Answer:
Foreign investment flows in. Demand for INR increases & it becomes stronger. Controlled Inflation: Small inflationary growth is good for the economy. It can also strengthens the domestic currency.
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