Putin's War on our Wallets
The Morning Brief
00:00
Is There More Lever to Spend Beyond That?
The rupee hit an all time law on monday. It is just below the 77 mark to the us Dollar, compared 73 a year ago. This weakness in the rupee definitely means good news for exporters but for the bulk of importers and the consumers, it only means more bad news. Expensive crude oil bought with a weaker rupee can hurt the economi even more.
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