INDIA-ECONOMY-CONSUMERS-FOREX

TO GO WITH India-economy-consumers-forex-education by Penelope Macrae An Indian customer is given a briefing on a smartphone at a mobile 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 by NOAH SEELAM / AFP) (Photo by NOAH SEELAM/AFP via Getty Images)
TO GO WITH India-economy-consumers-forex-education by Penelope Macrae An Indian customer is given a briefing on a smartphone at a mobile 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 by NOAH SEELAM / AFP) (Photo by NOAH SEELAM/AFP via Getty Images)
INDIA-ECONOMY-CONSUMERS-FOREX
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NOAH SEELAM / Stringer
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178309879
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AFP
Date created:
August 28, 2013
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AFP
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