Currency devolution its impact rate and exchange rate
Keywords:
Rupee Depreciation, Indian Currency growth between pre and 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.
References
Secondary Data retrieve from http:www.rbi.org.in/.
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