Home Causes and Consequences of a Depreciating Rupee 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.

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.

Graphic 2
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.

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