There are many parties involved with the ongoing changes regarding the rupee; in particular importers, export businesses, investors as well as government and regulator agencies will watch with great vigilance. With respect to the average person; when the rupee is weak, it creates an increase in the total price paid for imported products expanding the cost of energy therefore increasing the total cost of living. A lower than 94 rupee to 1 dollar also is not simply a headline, but a signal of more profound issues within the economy; as relates to issues surrounding energy security, management of the flow of capital and creation of an environment conducive to providing economic stability while the overall environment on a global basis changes.
