This research study focuses on the years 2006 to 2023 and briefly examines the changes in the Indian Rupee (INR) foreign exchange rate from 2000 to 2023. The research underlines the impact of global events and governmental activities and examines significant elements that influence the INR's volatility against major international currencies through an analysis of daily exchange rate data. The findings offer helpful information for governments, businesses, and investors navigating the difficult INR foreign exchange market.
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Mishra et al. (2024) studied this question.
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