💨 Abstract
The Indian rupee has shown a steady decline over the past 40 years, averaging an annual depreciation of 3.5%. This trend began with the economic reforms of 1991, led by Dr Manmohan Singh. The rupee's value has been influenced by broader economic factors such as inflation differentials and India's current account deficit.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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