Aapki Khabar Aapka Fayda: Rupee Hits All-time Low Of 80 Against US Dollar; How Will It Impact The Indian Economy?
The Indian Rupee touched an all-time low of 80.07. Rupee fell 1% in 1 week, 2.25% in a month. A weak rupee will increase the prices of everyday necessities. The import of crude oil, gas will be expensive. Solar cells, medical equipment, electronic products, smartphones, will be expensive. Rupee declined more than 7% in one year. At the same time, the dollar strengthened 17% in a year. There was a trade loss of $2618 million has in June. Watch this special report of Aapki Khabar Aapka Fayda.
Written By: Zee Business Video Team