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Liberalisation, Privatisation And Globalisation — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsLiberalisation, Privatisation And Globalisation1 Mark
Question
Define devaluation of rupee?
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Answer

Devaluation of rupee implies lowering the value of our currency (rupee) in relation to other currencies of the world.

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