Impact and Exchange rate of Currency Devolution in India
Keywords:
Rupee Depreciation, Indian Currency growth between pre, post LiberalizationAbstract
This paper indicates the Indian currency depreciation against the dollar. The data for the study were collected and compiled from the RBI Website and Bulletin. In this paper the currency growth, foreign investment and macroeconomic studied. For the study required data were collected from various journals and magazines. The study concluded that the exchange rate in Indian currency was highly depreciation of Post-liberalization period and also its impact on the Indian economy. So, in order to Indian government take necessary step in to introduce new economic policy to switch over this scenario. We discussed also the term of currency devolution.
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Secondary Data retrieve from http:www.rbi.org.in/.
Shelly., S, (2012). “An Analytical study on Indian Currency Rupee Depreciation against the US Dollar and Its Economic Impact”, Journal of Economic and Management, Vol.1, Issue-1, pp.74.83.
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