Exact(60)
THE rupee's tumble continues to grip India.
The novel offers plenty of satire, but barely a rupee's worth of social criticism.
The rupee's collapse and other factors made the price too high for Indian customers to pay.
He denies, though, that the rupee's fall is mainly the work of speculators abroad.
Especially as a student, especially recently, with the rupee's having depreciated greatly.
Normally, higher interest rates bolster currencies, so the rupee's weakness is all the more significant.
Furthermore, the rupee's slide creates financial stress for Indian companies that have borrowed in dollars.
The rupee's weakness and higher oil prices are sharply increasing its import bills.
But the rupee's depreciation will help to shore up the profitability of IT and other exporters.
The question, however, is whether their reassurances are enough to stem the rupee's fall.
On the one hand, the rupee's appreciation has benefited the economy by making imports cheaper.
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