weaker rupee
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Weaker Rupee and Our Economy
A weakening rupee is often seen as a sign of weakness. It may not be so.It is, in fact, a mirror.It forces us to confront what we must import and what we choose to import.India’s truly unavoidable imports—crude oil, critical electronics, key minerals, and some defence equipment—together form roughly 8–11% of GDP. This is the… Continue reading
