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Falling rupee may increase consumer woes
The New Indian Express Jeypore|January 14, 2025
Consumer durables, automobiles, travel and tourism could become more expensive in near term due to the impact
- DIPAK MONDAL @ New Delhi

THE sharp fall in rupee vis-a-vis dollar over the past couple of months will have more of negative impacts and minimal gain on export front, as per experts.

Import-dependent sectors are expected to face cost pressures, which would ultimately impact the consumers. Rupee depreciation could force the RBI to hold interest rates in its February Monetary Policy meet.

Usually, depreciation of local currency makes exports more competitive, but experts say this may not be the true scenario in the present situation.

هذه القصة مأخوذة من طبعة January 14, 2025 من The New Indian Express Jeypore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

Falling rupee may increase consumer woes
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هذه القصة مأخوذة من طبعة January 14, 2025 من The New Indian Express Jeypore.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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