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ISSN : 2321–8045
Impact Factor : 3.4218[UIF-2017]
Article Details :
Depreciation In The Value Of Rupee-its Causes, Impact And Remedy
P.Chenchu Reddy , A.M.Mahaboob Basha ,R.V.S.S Nagabhushana Rao , N.Konda Reddy and O.Hari Babu
Abstract :
The Indian Rupee value has been depreciated very considerably against the US Dollar making considerable risk to the Indian economy. Indian should take preventive measures to protect the rupee value. From past many decades around 1973 until 2013, there are considerable changes in the value of Rupee .In the year the rupee value against US dollar is 52.84.The fall of the rupee value in the month of June 11, 2013 it is 59 .The fall of the rupee value will have consequences in the Indian economy. After the introduction of LPG policies in the year of 1991 there are numerous changes in the Indian economy. This paper explains about what are the causes of depreciation of the rupee value, and how it is impacting on Indian economy. What government should take certain measures to protect the rupee value. How imports have been impacting on to devaluate the rupee value. This paper is comprehensive phenomena to study rupee depreciation of rupee value.
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