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Indian Rupee depreciates to 55 against 1 dollar? Advantage or disadvantage?

Soniasony @Soniasony (1827) • India 21 May 12

Today I got to know that INR has depreciated to record low of 55 rupees against dollar...Many who do import is struck with lose but ones in export seems to make profit .. I am sure how ?..whats ur view on the same

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