Under the lpg policy ruppe is devalued by _ % in order to stimulate ex – InterviewSolution

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1.	Under the lpg policy ruppe is devalued by _ % in order to stimulate exports
Answer» INDIAN GOVERNMENT devalued the rupee by between 18 and 19 PERCENT. The government also changed its TRADE policy from its highly restrictive form to a system of freely tradable EXIM scrips which allowed exporters to import 30% of the value of their exports (Gupta, pp 73-74).

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