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Falling rupee may increase consumer woes
The New Indian Express Sambalpur|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.

In recent years, a weaker rupee has not translated into major gains for Indian exports due to several structural and global factors, says Ajay Sahai, director general and CEO, Federation of Indian Export Organisation (FIEO).

この蚘事は The New Indian Express Sambalpur の January 14, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

Falling rupee may increase consumer woes
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この蚘事は The New Indian Express Sambalpur の January 14, 2025 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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