Hi guys!!!!
It is a matter of grave concern that rupees is continuously dipping down against dollar, is at record low at 53.74 against US Dollar. This will make importing from foreign countries expensive and will affect prices of foreign brand of cars and appliances. Major car production companies like Ford, General motors, Nissan have already hiked the prices of their cars in India by 2%-3%. Samsung has also announced that it will reviewing its pricing in India in January and is expected to increase the prices of its appliances in India.
Here's hoping that government will take it seriously and will not let the prices of these brands increase
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