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IS RELIANCE BEHIND THE RUPEEآ’S IMMINENT DEVALUATION?

Vol 3, PW 5 (31 Mar 99) People & Policy
 

For weeks there has been talk in Delhi that the Indian currency, the Rupee (Rs) is likely to see a devaluation of between 5-10%: moving its exchange rate against the US dollar up from Rs41-42 to possibly as high as Rs46....

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