On Friday, the rupee plunged to a new-low as it hit the psychological 71-mark against the US dollar for the first time. For an import-dependent country such as India, currency depreciation hurts on several fronts, besides leading to a rise in general inflation.
from Times of India https://ift.tt/2N2VG3M
via IFTTT
from Times of India https://ift.tt/2N2VG3M
via IFTTT
What a falling rupee means for household budgets, other plans
![What a falling rupee means for household budgets, other plans]()
Reviewed by Aamir
on
2:09 AM
Rating:
No comments: