"Falling Rupee Will Impact Prices, Inflation": P Chidambaram
"The direct consequence is that prices will increase. We are deficient in many goods and commodities. Therefore, our import bill is always higher than our export bill. And imports will be costlier. That will impact prices and inflation. When fuel prices increase, it will have a chain effect," former finance minister and senior Congress leader, P Chidambaram said.
