Impact of Rupee Depreciation on Common Man
Here are the few areas which highlights the impact of rupee depreciation on Common Man:
1. Importers/Exporters: Importers will be adversely affected as they will have to pay more for same quantity. But conversely exporters will be delighted as they will get more for same quantity.
2. Imported goods: Imported goods will become costly. So, if you are using imported goods then be ready to pay more.
3. Fuel price: A weak rupee will increase the burden of Oil companies which will surely be passed to consumers.
4. RBI’s Monetary Policy: If depreciation of rupee continues, it will increase inflation giving no room to […] Read more