Rupee under threat from rising interest rates in U.S., Europe?

 Rupee under threat from rising interest rates in U.S., Europe? There may be a way out Indians bear the brunt of high prices both directly and indirectly. If inflation rises domestically, retail inflation grows and the burden of high prices is directly passed on to the end consumers. However, if prices grow in advanced economies, their central banks raise interest rates and that strengOne such event can be witnessed right now. Inflation in the US is cooling down from a 40-year high in October 2022, but it is still above the Federal Reserve System’s comfort level of two per cent. Around the same time, inflation in the European Union touched its lifetime high.hens the dollar or their currencies and weakens the rupee, eventually. This, in turn, makes India’s imports expensive and prices within the country rise again.One such event can be witnessed right now. Inflation in the US is cooling down from a 40-year high in October 2022, but it is still above the Federal Reserve System’s comfort level of two per cent. Around the same time, inflation in the European Union touched its lifetime high. [Read more]( If you would prefer not receiving our emails, please [Click Here](