Home Causes and Consequences of a Depreciating Rupee Cost of imported goods keep rising as the rupee falls. This is the price for massive short term borrowings for ‘vanity projects’ of the Rajapaksa government.

Cost of imported goods keep rising as the rupee falls. This is the price for massive short term borrowings for ‘vanity projects’ of the Rajapaksa government.

These potatoes will cost more. The depreciation of the rupee is part of a new monitory policy strategy. But it leads to increases in prices of commodities.

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