Indian Rupee Getting Cheaper: Opportunity or Curse?
By siliconindia   |   Wednesday, 23 November 2011, 01:11 IST   |    5 Comments
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8. Consumers:
consumers
Bad news if you have a craving for imported goods. They are all going to get more expensive. Better buy them now before they get even more expensive later. From cars to mobiles and LCD televisions, consumers will be shelling out more for imported products. Your fuel bills could also go higher. While international crude prices have remained more or less steady at high levels, the fall in the rupee means that the country still pays more for its oil imports, which account for one-third of India's total imports.

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