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Volume : IV, Issue : VI, July - 2014 RECENT RUPEE DEPRECIATION IMPACT ON INDIA'S TRADE BALANCE Kadam Ajit, H. H. Uliveppa DOI : 10.9780/22307850, By : Laxmi Book Publication Abstract : This paper has tried to analyse rupee deprecation effect on Indian foreign trade, and explains
the rupee's direction journey since the independence period, and also analysed the recent rupee
deprecation, and gives the major causes behind recent rupee deprecation. In last couple of months rupee
value was fluctuated and reached to 68.36 against 1US$, which is all time low in 28th august 2013.
September month recorded highest average rupee value with the 63.75. The study shows that recent
rupee deprecation has positive effect on the Indian foreign trade, recent rupee deprecation encourages the
export sector and recorded growth in total export and import is decreased, thus India's trade balance has
been recorded significant decrease. This has analysed with the help of simple regression method, where
the R square value is 0.798, for exports and 0.717, for imports which clear that there is a positive relation
between the recent rupee deprecation and India's foreign trade Keywords : Article : Cite This Article : Kadam Ajit, H. H. Uliveppa(2014). RECENT RUPEE DEPRECIATION IMPACT ON INDIA'S TRADE BALANCE. Indian Streams Research Journal, Vol. IV, Issue. VI, DOI : 10.9780/22307850, http://isrj.org/UploadedData/4978.pdf References :
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