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The SDR (Special Drawing Right) is an artificial "basket" currency used by the IMF (International Monetary Fund) for internal accounting purposes. It is an international reserve asset of IMF to alleviate the problem of international liquidity. The SDR is also used by some countries as a peg for their own currency, and is used as an international reserve asset. Ivan Menezes MBA M.G. Univ

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What is the impact of the fluctuation in the rupee-dollar exchange rate on Indian industry Give your answer with special emphasis on the export sector and ITITES companies?

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