rupee usd new low July 2022
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The rupee is at a historic low of 80.02 against the dollar I

The rupee is at a historic low of 80.02 against the dollar

80 rupees for one US dollar

Foreign reserves will be affected as India’s imports are much higher than its exports

Capital expenditure is likely to increase by 5 to 10 percent

Depreciation of rupee will cost more for imports

There is a possibility of 40 to 60 percent increase in the price of raw materials

rupee usd new low July 2022
rupee usd new low July 2022

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