Commerce and Industry Minister Piyush Goyal on Saturday said the rate of rupee depreciation has come down and expressed hope that after 8-10 years, it will start appreciating against US dollar, helping the Indian economy to grow at faster pace.

Unlike in the past, Goyal said, the Reserve Bank of India and the finance ministry are working together to push the growth of the country. The government has taken a series of measures to boost economic growth and now India has become the fifth largest economy of the world.

Rupee has stabilised now, otherwise it used to depreciate at a rate of…