What does the rupee depreciation mean beyond export and import bills?
The Indian rupee has been battling downward pressure from multiple forces \u2013Foreign Portfolio Investors pulling out, the rising cost of international crude oil prices and a strong dollar. The currency has been frequently hitting historical lows and has breached the 78-marks\nWhat does this mean beyond export and import bills?\nGuest: Ananth Narayan, Associate Professor, Finance at SPJIMR\nHost: K. Bharat Kumar\nEdited by Reenu Cyriac