In July 1991, the Indian rupee was devalued in two phases. In the firs – McqOptions

MCQOPTIONS

1.	In July 1991, the Indian rupee was devalued in two phases. In the first phase, the devaluation of the Indian rupee to the US dollar was
A.	20 percent
B.	21 percent
C.	22 percent
D.	23 percent
Answer» B. 21 percent

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