Exchange rates and their impact on Indian economy
As we have been reading in almost all dailies during recent times that Indian rupee has depreciated against dollar by 8% since May 2013.In this article an effort is being made to study and analyse this trend with some theoretical framework on Exchange rate regime in India, Real and Nominal Exchange Rates (REER), difference between currency depreciation/devaluation and currency appreciation/revaluation, concept of Current Account Deficit (C
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