ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Dollar Devaluation and India s Balance of Payments

The Dollar Devaluation and India's Balance of Payments Charan D Wadhva Samuel Paul This paper examines some of the consequences of the devaluation of the US dollar of February and the decision of the Government of India on the exchange rate of the rupee on the major items of India's Balance of Payments. The problems and opportunities emerging from the present devaluation of the dollar are analysed.

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