ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Devaluation and Exports

Devaluation of the rupee is supposed to promote exports and discourage imports. However, this piece of conventional wisdom is not borne out by an examination of the trends in India's exports and imports against the background of the steep depreciation of the exchange value of the rupee in recent years.

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