How the fall in the Indian rupee affects your personal finance
As the rupee continues with its free fall against US dollar -
spooking businesses and investors alike - most people are left wondering what it means for them. Here's all you need to know.
"We invented money and we use it, yet we cannot understand its laws or control its actions. It has a life of its own."
- Lionel Trilling, American literary critic.
Who would know the fickle nature of money better than Reserve Bank of India (RBI) Governor D Subbarao. As the rupee went on a free fall in the last five months of 2011 - spooking businesses and investors alike and prompting the RBI to take measures to stem the slide - most people were left wondering what this ado was about.
Here's our attempt to understand why is money, or more importantly, its value, crucial for a country's nationals, both rich and poor. We bring to you how a falling rupee is impacting you as a consumer and an investor in our cover package.
Behind rupee's rise and fall
The currency in your wallet is always on the move. The value of a country's currency is linked with its economic conditions and policies. Read more...
Your budget at stake
From essentials such as food and education to foreign vacation and the swanky gadget you plan to buy, the falling rupee will hurt you in more ways than one. Read more...
Eye on the market
Here's how shares in rupee-sensitive sectors perform. Read more...
Exporters face the heat
The recent weakening of the rupee has seen cotton exporters scurrying for 'cover' to meet the shipment schedule. Read more...
Falling rupee good news for investors
A falling rupee is cushioning the impact of the dip in prices of global commodities, especially for investors who placed bets on commodities that are largely imported. Read more...
NRIs make gains too!
It's a great time to be a non-resident Indian if you repatriate money to India or invest in the country. A weakening rupee means more value for every dollar NRIs send home. Read more...
Indian rupee's fall against dollar not unique
With the exception of the Japanese yen and the arguably undervalued Chinese renminbi, the dollar has appreciated against virtually every currency in the world. Read more...
- Lionel Trilling, American literary critic.
Who would know the fickle nature of money better than Reserve Bank of India (RBI) Governor D Subbarao. As the rupee went on a free fall in the last five months of 2011 - spooking businesses and investors alike and prompting the RBI to take measures to stem the slide - most people were left wondering what this ado was about.
Here's our attempt to understand why is money, or more importantly, its value, crucial for a country's nationals, both rich and poor. We bring to you how a falling rupee is impacting you as a consumer and an investor in our cover package.
Behind rupee's rise and fall
The currency in your wallet is always on the move. The value of a country's currency is linked with its economic conditions and policies. Read more...
Your budget at stake
From essentials such as food and education to foreign vacation and the swanky gadget you plan to buy, the falling rupee will hurt you in more ways than one. Read more...
Eye on the market
Here's how shares in rupee-sensitive sectors perform. Read more...
Exporters face the heat
The recent weakening of the rupee has seen cotton exporters scurrying for 'cover' to meet the shipment schedule. Read more...
Falling rupee good news for investors
A falling rupee is cushioning the impact of the dip in prices of global commodities, especially for investors who placed bets on commodities that are largely imported. Read more...
NRIs make gains too!
It's a great time to be a non-resident Indian if you repatriate money to India or invest in the country. A weakening rupee means more value for every dollar NRIs send home. Read more...
Indian rupee's fall against dollar not unique
With the exception of the Japanese yen and the arguably undervalued Chinese renminbi, the dollar has appreciated against virtually every currency in the world. Read more...
