Explained: Where the rupee is headed, and what its fall means to consumers, markets - The Indian Express


5/19/2022 12:00:00 AM2 years 11 months ago
by George Mathew

The depreciation of the rupee expected to impact the economy in general and various segments such as imports, mainly fuel prices, and push up inflation.

The rupee closed at a record low of 77.72 against the dollar on Thursday, a loss to over 6% in the last one year as it gets weighed down by rising inflation, interest rates, exit of foreign investors… [+4633 chars]

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