Friday, August 31, 2018

What a falling rupee means for household budgets, other plans

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

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