Rupee Fall

the rupee is now quoting at 52.37

the effect of falling rupee on us lesser folks:

Car prices increase.

IT software companies and software exporters happy.

Foreign degree and higher studies in USA become very costlier.

foreign travel gets expensive

goods and services imported are all expensive by 14 per cent.

bad news for importers and good news for exports.

weaker currency  fuels inflation.

Inputs from Rahul Ritesh & NDTV Profit

Dimension iit guwahati

Economic times