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Rohan Saha

Founder - Burn Inves... • 2m

Rupee Losing to Dollar – What’s Happening Lately the rupee has been slipping against the dollar and you can feel it in daily life Fuel gets pricier, overseas trips or studies cost more and even gadgets that rely on imports see a rise in price on the flip side exporters and IT firms are smiling since every dollar they earn brings in more rupees. The main push behind this fall is the strong dollar with higher interest rates in the US global investors are moving money there add our high oil imports and the pressure on the rupee keeps building For us it mostly shows up as higher inflation and tighter budgets but it’s not just India many other countries are facing the same issue the key now is how we handle inflation and keep attracting investments so things do not go out of control.

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