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If the exchange rate changes from 1 = ₹73 to 1\ = ₹75, it implies that ______.
Economics
Balance of Payments and Exchange Rate
Question
Updated
19 Aug 2026
If the exchange rate changes from 1 = ₹73 to 1\ = ₹75, it implies that ______.
A
Choose Your Answer
A
Indian rupee has depreciated
B
the rupee has appreciated
C
the dollar has depreciated
D
the rupee has revalued
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