A stronger dollar could make India's inflation fight tougher - Economic Times

Dollar value increment will make all imports expensive as it will add to inflation. In intraday trade, the rupee hit a new low of 78.28 and closed below 78 mark for the first time.

India's inflation worries will compound as a stronger dollar makes India's imports more costlier. In intraday trade, the rupee hit a new low of 78.28 and closed below the 78 mark for the first time.… [+1756 chars]

full article...