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LoginWhat is present pegged exchange rate by indian government?
Economy Secondary School in Economy 1 year ago
ndependence, the exchange rate SYSTEM in India has transited from a fixed exchange rate regime where the Indian rupee was pegged to the POUND STERLING on account of historic links with Britain to a basket-peg during the 1970s and 1980S and eventually to the present form of market-determined exchange rate regime since March 1993.
Posted on 29 Aug 2024, this text provides information on Economy related to Secondary School in Economy. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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