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877K views · 64K reactions | Indian National Rupee (INR) used to be the official currencies of many Gulf countries. Watch this video to know more! #indianrupee #rupee
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The current interest rate on one year’s Indian rupee deposit is 5 percent and yen (¥) deposit is 12 percent. The current ¥/rupee exchange rate is 2 and after a year, it is expected to exceed 2.4. In this case, which currency would you choose for a higher expected rate of return a year later? | Numerade
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