Journal Press India^®

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In this article, the effects of the recent rupee depreciation versus the dollar on the Indian economy have been examined. The data is collected through secondary sources. The study addresses the main causes of the depreciation of the Indian rupee and how it is effecting the Indian economy. The major reasons for rupee value depreciation are the increased cost of crude oil, a large-scale outflow of FI, and the increased US fed rate. The weakening of the currency made domestic products and services more inexpensive than before. Exports grow as imports decline. Developing countries frequently work to enhance their export industry in order to raise their GDP level.

Keywords

Depreciation, GDP, Foreign Income, Fed rates, Export Industry

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