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Impact of recent fall in value of rupee on indian economy

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Querist : Anonymous (Querist)
27 November 2011 can anyone help me on knowing impact of recent fall in value of rupee on indian economy .positive and negative both
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CA Nikhil Jhanwar

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CA Nikhil Jhanwar (Expert)
27 November 2011 Positive: For exporters it has a positive impact because they will receive more amount in INR against US Dollars.

Similarly it has a negative impact on importers being required to bear higher burden of payment in foreign currency.

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