How falling Rupee affects economy and a common man's pocket - EXPLAINED

Rupee Vs Dollar: When Rupee falls against the US Dollar, it brings bad news for the economy, thus directly affecting the cost of living. The immediate impact of the fall in the currency value is that rise in inflation. Like other markets, the money market too works on the basis of demand and supply; thereby, if the demand for the dollar gets high, the rupee depreciates and that is the basic working methodology of the floating exchange rate.

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