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

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On Selected Indian Industrial Exports

A CRUCIAL policy constituent of the Indian export effort in the 1980s has been the depreciation of the Indian rupee against all major currencies, especially marked after 1985.1 Single-figure estimates of the effec-tive change in the real external value of the rupee vary with the basket used, but an estimate of 30 per cent real depreciation vis-a-vis the G-5 currencies over the period 1980-1989 seems to be popularly accepted (no of-ficial index of the real effective value of the rupee is issued).

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