Q.3 How is the recent depreciation of the rupee different from its depreciation between 2008-2012? What are the factors responsible for the recent appreciation of the dollar? (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/why-there-is-no-reason-to-panic-over-the-rupee-8039724/ In the intro, mention the recent all time low reached by rupee. In the body, mention the relationship between the domestic fundamentals and value of the currency. Next mention the weak domestic fundamentals responsible for depreciation between 2008-2012. Also mention the relationship now between the increase in the dollar index and depreciation … Continue reading Q.3 How is the recent depreciation of the rupee different from its depreciation between 2008-2012? What are the factors responsible for the recent appreciation of the dollar? (10 Marks)