The value of Indian rupee has decreased over the years. The government apparently makes no effort to stop or reverse it. Instead they focus on other aspects of development.
I see that pound is more powerful and indeed the UK though has less GDP than US is a highly developed nation. I also heard about the devaluation of the currency of Zimbabwe and that it was not good.
Then, I also heard about manipulation of currency to devaluate it.
Based on two observations,
Wouldn't it be considered a healthy sign if the value of rupee (or technically any currency) is more? Or, are there anything good in case of moderate devaluation of a currency?