Rupee fall fuels inflation, but makes exports competitive: Experts

The Indian rupee has been depreciating against the US dollar and is nearing the psychologically key mark of 80, making imports expensive. A recent report by the finance ministry cautioned that India's current account deficit (CAD) is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports. https://ift.tt/jJ5dfO7