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Here are Some Measurable Impacts of Falling Rupee: MSME Perspective

Last few weeks rather few months we are witnessing a continuous fall of the rupee against the US Dollar. This fall has set a record low week after week. Now the situation has come that psychological pressure level of 80 to a dollar has come. Stay tuned for more on SMEStreet's special series on Possible Impacts of Rupee fall on Indian MSMEs .

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Last few weeks rather few months we are witnessing a continuous fall of the rupee against the US Dollar. This fall has set a record low week after week. Now the situation has come that psychological pressure level of 80 to a dollar has come.

While it is true that a falling currency worsens the imported inflation and can eventually hurt other macroeconomic fundamentals, the rupee has actually been very well-behaved so far.

Here is an expert analysis on the Rupee fall, consider this: Several other emerging market and even developed market currencies have fallen more than the rupee so far this year. This implies that while the rupee has lost its value against the greenback, it has actually gained against these currencies.

The rupee continues to stay in the middle of the EM pack, with its performance against the dollar lagging behind its peers from Indonesia and Malaysia but ahead of its South African counterpart.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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