Can you believe that a dollar was actually equivalent to 45.32 rupees in the year 2010 since then the value has dropped down so much that a single dollar is equivalent to 84.43 rupees😨
Yep they haven’t increased proportionally. Basically we r getting the same 45 rupees but according to current inflation it’s 84 rupees . The things both could get in their own timeline are the same
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even if we add hidden margins for unpacked products like sugar, jaggery, sabudana, groundnut, wheat, jowar coc
Bad News: Rupee falls to record low 83.60/$
Here are negative impacts of falling Rupee:
1) Increased Costs for Imports: Many Indian businesses rely on imported goods and raw materials. A weaker rupee means they will have to pay more for these impor