Rupee@90 The Losers: Import-reliant FMCG, fertilisers, and crude to get hurt
By
Binu Mathew
For sectors where the country is heavily import-dependent, a weaker rupee would inflate costs further. But the worries are abated, at least for the time being, by the current benign domestic inflation and relatively low commodity prices.
The adverse effect of falling rupee will be felt across traders and companies that import/process crude oil and natural gas (LNG), edible oils and fertilisers.









