ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Anomaly of Exchange Rates

Based on the analysis of the economic performance of India during 2014–16, the economic indicators suggest that the rupee should have appreciated, not depreciated. The depreciation of the rupee before January 2017 was an outcome of non-fundamental factors, such as speculation in the currency market.
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