In July 2011, $1 was worth 45 Indian rupees and in July 2012, $1 was worth 55 Indian rupees. We can therefore conclude that

Name: In July 2011, $1 was worth 45 Indian rupees and in July 2012, $1 was worth 55 Indian rupees. We can therefore conclude that
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The exchange rate between the U.S. dollar and Indian rupee changed from 1 USD = 45 INR to 1 USD = 55 INR, indicating that the Indian rupee depreciated in value relative to the U.S. dollar.

In July 2011, $1 Was Worth 45 Indian Rupees and in July