5 Ways fall in Rupee affect Middle class Indian
As discussed INR hit all time low against USD so lets analyze how will falling rupee affect the budget and personal finances of common man.
Here's how a weak rupee will affect "Aam Adami"
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Here's how a weak rupee will affect "Aam Adami"
1. Increase in Petrol and Diesel Price:
Indian is largest importer of crude oil. With Rupee trading at all time low due to bad economy (Read: Reason for Rupee Depreciation against dollar) Oil companies have to pay more fr getting crude oil and as Petrol and Diesel are de-regulated by India government, Oil Companies will pass on the increase in prices to common man. So get ready for Hike in your Petrol/Diesel monthly bill.2. Increase in Gold prices and Electronic Prices
Again We all Indians love Gold, off late due to fall in gold prices..Continue Reading
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