Tumbling Rupee can eat away Forex
reserves in Jiffy – Immediate effects on Petrol & Diesel Prices
Rupee against Dollar
has reached at stage where we cannot
import fossil fuels as per need.
The result is inflator
in prices of Diesel and Petrol. Diesel is selling Rs.70 Per Liter and Petrol
Rs.80 Per Liter may rise further.
Banking, Ministry of finance not worried and no
efforts to contain.
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