The rupee-dollar exchange rate moved from Rs 9.46 per US dollar in 1982 to Rs 82.17 per US dollar on March 31, 2023. This means that from 1982 to March 2023, the rupee has depreciated by 868.6 percent, at the rate of 5.41 percent per annum in the last 41 years. But in the last two quarters of this financial year, the rupee-dollar exchange rate stabilised at around Rs 83.0 per dollar. moneycontrol.com/news/opinion/r…
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