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State the meaning of devaluation of rupee?

+3 votes

asked Mar 24, 2019 in Class 11 by kratos

State the meaning of devaluation of rupee?

indian economy
class-11
globalisation
liberalisation
privatisation

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1 Answer

+5 votes

answered Aug 20, 2020 by kratos

Best answer

The deliberate reduction of the value of rupee against foreign currencies is called devaluation of rupee.

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