A newspaper article has the headline, Indian rupee weakens against the US$ as chair of the US

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A newspaper article has the headline, "Indian rupee weakens against the US$ as chair of the US Federal Reserve announces an increase in its interest rate". Using an exchange rate diagram, explain the reason for the fall in the Indian rupee.

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Economics Course Book 2020

ISBN: 9781382004961

2020 Edition

Authors: Jocelyn Blink, Ian Dorton

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