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

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CORRUPTION-Example from Above

was determined by the premium the replenishment licences enjoyed in the market. The basic change effected in July 1991 to the exchange rate system was that the official rate underwent a drastic change consequent upon the rupee's devaluation, with the other exchange rate still determined by the premium the market placed on the Exim scrips.

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