69.10 Rupee rises to the lowest level till now, prices of many things can increase

Companies need to increase prices of other things or reduce their margins, apart from many essentials.
$ 72 Can go up to. If this happens then the government's loss will also increase
Mumbai.Please reach the lowest level on Thursday compared to the dollar. One dollar is Rs 69.10 Is done The Reserve Bank sold 70 to 80 million dollars in money market to save money. Then went off at 68.79. The lowest level of closing was 68.80 rupees on August 28, 2013. Foreign exchange reserves were $ 410 billion on June 15. Asia is under pressure from the trade-war with China and the European Union's trade-war. The rise in crude prices has led to a decline in the rupee. Exporters will not be benefitted from the weak rupee, because other Asian currencies with India are also getting weak.
3 major reasons for the decline
- Asians in the Asian countries are getting weak due to the American trade war.Foreign investors are extracting money from equity and debt market. 46,196 crore from January till now Remove- Crude was $ 63 barrels in February. Now it's 78. That is 24% expensive.
These things will be expensiveCrude oil, compost, medicines, soaps, detergents, deodorants, shampoos, lentils, food oils, luxury cars, TVs, mobile phones, computers. Companies will increase their prices or reduce their margins.
What's next: A dollar can be of 72 rupees ...Experts are saying that if the rupee crosses 69.50 then the fall and the other will be. $ 72 Can go up to. If this happens then the government's loss will also increase. The most recent in Asia is the rupee only.