INDIA-ECONOMY-CONSUMERS-FOREX : News Photo

INDIA-ECONOMY-CONSUMERS-FOREX

Credit: 
NOAH SEELAM / Stringer
TO GO WITH India-economy-consumers-forex-education by Penelope Macrae Indian businessman P.R.Man Singh poses beside bottles of imported alcohol at his store in Secunderabad, the twin city of Hyderabad on August 28, 2013. With the currency hovering at record lows of nearly 69 rupees to the dollar and seen heading south, the estimated 300-million-strong middle-class are being forced to rethink many of their plans.Since the start of the year, the rupee has lost around a fifth of its value against the dollar and the prices of life's little luxuries on which India's middle class have come to depend -- from imported appliances to smart phones, cheeses, wines, hair products and olive oil -- are set to climb. AFP PHOTO / Noah SEELAM. (Photo credit should read NOAH SEELAM/AFP/Getty Images)
Caption:
TO GO WITH India-economy-consumers-forex-education by Penelope Macrae Indian businessman P.R.Man Singh poses beside bottles of imported alcohol at his store in Secunderabad, the twin city of Hyderabad on August 28, 2013. With the currency hovering at record lows of nearly 69 rupees to the dollar and seen heading south, the estimated 300-million-strong middle-class are being forced to rethink many of their plans.Since the start of the year, the rupee has lost around a fifth of its value against the dollar and the prices of life's little luxuries on which India's middle class have come to depend -- from imported appliances to smart phones, cheeses, wines, hair products and olive oil -- are set to climb. AFP PHOTO / Noah SEELAM. (Photo credit should read NOAH SEELAM/AFP/Getty Images)
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Date created:
August 28, 2013
Editorial #:
178309870
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Not released.More information
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Contact your local office for all commercial or promotional uses. Full editorial rights UK, US, Ireland, Italy, Spain, Canada (not Quebec). Restricted editorial rights elsewhere, please call local office.TO GO WITH India-economy-consumers-forex-education by Penelope Macrae
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Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Collection:
AFP
Credit:
AFP/Getty Images
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5,416 x 3,680 px (75.22 x 51.11 in) - 72 dpi - 3.87 MB
Source:
AFP
Barcode:
AFP
Object name:
Hkg8929918

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