What happens if the dollar hits ₹100? | Let Me Explain

4 hours ago 7


Is ₹100 to the dollar really “just a number”? PM Economic Advisory Council member Shamika Ravi recently argued that people should not worry if the rupee weakens to ₹100 against the US dollar. The remark sparked a wider debate about exchange rates, inflation and the Indian economy. A weaker rupee can make Indian exports more competitive. But it can also make imports such as crude oil, natural gas, machinery and electronic components more expensive. In a country that depends heavily on imported energy and industrial inputs, what does a falling rupee actually mean for businesses and households? In this episode of Let Me Explain, Pooja Prasanna examines the economics behind currency depreciation, the link between exchange rates and inflation, and why the Reserve Bank of India closely monitors the rupee despite claims that it is “just a number.” Subscribe to Newslaundry: https://pages.razorpay.com/nlsm Join us on WhatsApp: https://whatsapp.com/channel/0029Va61PEo0QeacOqU9vr2k Download the accessible Newslaundry app: https://www.newslaundry.com/download-app Follow and engage with us on social media: Facebook: https://facebook.com/newslaundry Twitter: https://twitter.com/newslaundry Instagram: https://instagram.com/newslaundry
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