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

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Exchange Rate of Indian Rupee since Its Basket Link

Exchange Rate of Indian Rupee since Its Basket Link S K Verghese Under a generalised floating regime it is difficult for a country to stabilise its rates entirely against all major currencies simultaneously. What can be attempted is to moderate the average variations in its exchange rates and thereby reduce the impact of exchange rate variations originating from oxogenous factors on its trade and payments.

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