Rupee edges closer to 80: How will it impact the Indian economy & businesses - Economic Times

The Indian Rupee is edging closer to the 80-level mark after hitting record lows for consecutive sessions. Here is a look at the factors influencing the fall of the local currency and how it stands to affect the Indian economy and businesses

The inflation in the US continues to be persistently high, with the latest number touching a new 40-year high of 9.1% in June. The higher-than-expected inflation reading has upped the probability of … [+3176 chars]

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