Explainer: Why is the Rupee Falling and How Does it Hurt You?
Foreign trips, fuel and everyday commodities will become more expensive because of the depreciation in the Indian rupee.
Source: thewire.in
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Foreign trips, fuel and everyday commodities will become more expensive because of the depreciation in the Indian rupee.
A decline in crude oil prices in the international markets, however, restricted the rupee losses, forex dealers said.
The partially convertible rupee was trading at 79.66/67 per dollar compared to its previous close of 79.5975. The unit touched a life low of 79.6675.